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Session Laws, 1968
Volume 683, Page 344   View pdf image
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344                             LAWS OF MARYLAND                      CH. 292]

(a)    a written application by the prospective licensee in such
form or forms and supplements thereto, and containing such in-
formation, as the Commissioner may prescribe; and

(b)    a certificate by the society which is to be named in such
license, stating that such society has satisfied itself that the named
applicant is trustworthy and competent to act as such insurance
agent and that the society will appoint such applicant to act as
its agent if the license applied for is issued by the Commissioner.
Such certificates shall be executed and acknowledged by an officer or
managing agent of such society.

(3) The Commissioner may SHALL require an applicant seeking
to be named as an agent representing a fraternal benefit society to pass
a written examination which shall include questions relative only
to fraternal insurance, the types of certificates, policies or contracts
in general proposed to be solicited under the license, and the laws
of this State which relate to the activities of the proposed licensee
as a fraternal insurance agent. No such examination shall be re-
quired as to any fraternal insurance agent who is duly licensed as
such in this State immediately prior to January 1, 1969.

(4) The Commissioner may refuse to issue or renew any insur-
ance agent's license if in his judgment the proposed licensee is not
trustworthy and competent to act as such agent, or has given cause
for revocation or suspension of such license, or has failed to comply
with any prerequisites for the issuance or renewal, as the case may
be, of such license.

(5)    Every license issued pursuant to this subtitle and every re-
newal thereof shall expire on June 30 following the date of issue,
unless prior thereto the license is revoked or suspended by the
Commissioner or the authority of an agent to act is terminated.

(6)    If the application for a renewal license shall have been filed
with the Commissioner on or before June 30, such applicant named
in such existing license, may continue to act as insurance agent
under such existing license, unless same shall be revoked or sus-
pended, until the issuance by the Commissioner of the renewal li-
cense.

(7)    Any such renewal license of an insurance agent may be
issued upon the application of the society named in the existing
license. Such application shall be in the form or forms prescribed
by the Commissioner and shall contain such information as he may
require.

344F.

Every society doing business in this State shall, upon the termina-
tion of the appointment of any insurance agent licensed to represent
it in this State, forthwith file with the Commissioner a statement,
in such form as he may prescribe, of the facts relative to such
termination and the cause thereof. Every statement made pursuant
to this section shall be deemed a privileged communication.

344G.

(1) The Commissioner may revoke, or may suspend for such
period as he may determine, any insurance agent's license if, after
notice and hearing as specified in Sections 35 through 39 of this
Article, he determines that the licensee:


 

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Session Laws, 1968
Volume 683, Page 344   View pdf image
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