After a revocation by the Commissioner, how many years must pass before reapplication is permissible?

The answer is correct because, under Georgia law, when a surplus lines broker's license is revoked by the Commissioner, a waiting period of five years is enforced before the individual can apply for re-licensure. This period serves as both a punitive measure and a means to ensure that individuals have had sufficient time to correct any deficiencies or issues that led to the original revocation. It allows for reflection and improvement before any potential reinstatement of privileges, which is a common practice in various licensing regulations to maintain the integrity and professionalism within the industry.

The specific time frame of five years is intended to reinforce the seriousness of compliance with regulatory standards and to safeguard the interests of the public by ensuring that only qualified and responsible individuals are allowed to operate in the surplus lines market. Overall, this alignment of time reflects a balance between providing a second chance and upholding rigorous industry standards.