Rule 30-1601-9.2 - Licensee StatusA. Active licensees not submitting the required premium or providing the required proof of acceptable independent coverage within 30 days after the due date of the premium shall be placed automatically on inactive status at the end of the 30 day period.B. Inactive licensees will not be required to pay the premium until changing to active status and the premium will be assessed on a pro rata basis. However, inactive licensees will be invoiced at the beginning of the policy period. They may pay the full premium at that time if they desire.C. New licensees will be given notice when their license is issued to provide proof of coverage within 30 days of the issuance of license or pay the premium specified on a pro rata basis. Failure to do so will result in their license being changed to inactive status.30 Miss. Code. R. 1601-9.2
Miss. Code Ann. §§ 73-35-35