What must a producer do if their license is suspended for failing to meet continuing education requirements?

When a producer's license is suspended due to non-compliance with continuing education requirements, the responsible action is to promptly return the license to the Commissioner. This step is significant because it formalizes the recognition of the suspension and indicates that the producer acknowledges their current lack of compliance. By returning the license, the producer shows adherence to the regulatory process governing their licensure, ensuring that they are not operating outside the bounds of the law and that they take the matter seriously. This action serves to uphold the regulatory standards of educational requirements within the industry, promoting professionalism and consumer trust.

Other choices, such as ignoring the suspension, submitting a petition for appeal, or requesting an extension, do not fulfill the immediate obligations set forth by Colorado's regulations. Ignoring the suspension could lead to further legal penalties, while submitting a petition or requesting an extension may not be appropriate without first addressing the immediate requirement of returning the license.