All agents of insurers subject to this chapter are subject to the applicable requirements of chapter 16, except that: [PL 1997, c. 457, §45 (AMD); PL 1997, c. 457, §55 (AFF).]
1. No personal examination shall be required of the applicant and no examination fee shall be charged, as to an applicant for a license as an agent of an insurer writing insurance solely on the assessment plan, if on January 1, 1970 the applicant was also a director or officer of such insurer;
2. No fee shall be required by the superintendent for license as resident agent issued to any individual referred to in subsection 1, as agent of such an insurer.