Which of the following is NOT an attribute of an insurance producer's license?

• A. It must be renewed every two years
• B. It cannot be issued without education requirements being met
• C. It can be revoked or suspended
• D. A continuation fee must be paid to the Division of Insurance

Answer: (B)

The question tests what aspects are actually part of having an insurance producer’s license. In Colorado, a license is kept active through certain ongoing obligations: the license must be renewed every two years, it can be revoked or suspended for violations, and a renewal or continuation fee is paid to the Division of Insurance to maintain the license. These are concrete, enforceable attributes of holding the license.

The statement about education requirements being met before issuance is not always a definitive attribute of the license itself. While education and testing are involved in the licensure process, there are circumstances—such as exemptions or provisional arrangements—where a license can be issued without having fully met every education requirement at the exact moment of issuance. Therefore, that particular condition is not universally an attribute of the license, making it the correct choice in this item.