What is the fee for a nonresident producer license and how often is it payable?

The fee for a nonresident producer license is set at $380, and this payment is required every two years. This structure reflects the regulatory framework in Illinois, where nonresident producers must maintain their licenses and ensure compliance with state requirements, including the timely payment of fees.

The biennial payment cycle is significant as it provides a balance between ensuring that producers are regularly renewing their credentials while not imposing an excessive financial burden on them annually. By paying once every two years, producers can better manage their costs while remaining compliant with licensing laws.

In this context, the correct fee aligns with the established guidelines for nonresident licensing in Illinois, ensuring that producers maintain their status without interruption.