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Session Laws, 1995
Volume 793, Page 3570   View pdf image
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Ch. 635                                    1995 LAWS OF MARYLAND

subdivisions thereof for which it acts as agent or broker] IN THE KIND OR SUBDIVISION
OF INSURANCE FOR WHICH THE PARTNERSHIP OR CORPORATION 'INTENDS TO ACT
AS AN AGENT OR BROKER and an appointment for the kind or [kinds of insurance or
subdivisions] SUBDIVISION OF INSURANCE thereof for which it [acts] INTENDS TO
ACT as agent [or broker].

(2)     To obtain a certificate of qualification, a partnership or corporation
. must:

(i) Be primarily engaged in the insurance business, EXCEPT IF THE
APPLICANT IS AN ATTORNEY AT LAW OR ANY FORM OF ASSOCIATION OF
ATTORNEYS AT LAW THAT INTENDS TO ACT AS A TITLE INSURANCE AGENT OR
TITLE INSURANCE BROKER
;

(ii) File the appropriate form as adopted by the Commissioner; [and]

(iii) Pay the fee set forth in § 41 of this article [.]; AND

(IV) IN ADDITION TO ANY OTHER INFORMATION REQUIRED ON
THE APPLICATION, PROVIDE THE NAME AND ADDRESS OF EACH INSURANCE AGENT
OR BROKER EMPLOYED BY THE CORPORATION OR PARTNERSHIP AND EACH
OWNER OF THE CORPORATION OR PARTNERSHIP.

(3)     Agents or brokers may conduct insurance business affairs as a
partnership or a corporation provided that every individual who solicits, negotiates, or
accepts insurance business from the public shall possess a certificate of qualification IN
THE KIND OR SUBDIVISION OF INSURANCE FOR WHICH THE PARTNERSHIP OR
CORPORATION INTENDS TO ACT AS AN AGENT OR BROKER and[, if applicable,] an
appointment for the kind or [kinds] SUBDIVISION of insurance [or subdivisions
thereof] for which [the person acts] IT INTENDS TO ACT as agent [or broker].

(f)     The Commissioner shall require, and every agent and broker shall file with the
Commissioner, in such form as he may direct, with the fee prescribed in § 41 of this article
the agency or trade names to be used and the business address and the name and
residence addresses of each individual possessing a certificate of qualification who does
business under that agency or trade name.

(g)     The Commissioner shall require, and every agent and broker shall file with the
Commissioner, in such form as the Commissioner directs, any change or additions to or
deletions from the certificate of qualification, and pay the fee specified in § 41 of this
article for each change, addition, or deletion.

168A.

(a) (1) In this section, "title insurance agent" OR "TITLE INSURANCE
BROKER" means a person who, for compensation, in any manner solicits, procures, or
negotiates title insurance contracts OR IN CONNECTION WITH THE ISSUANCE OF THE
TITLE INSURANCE CONTRACT PROVIDES ESCROW, CLOSING, OR SETTLEMENT
SERVICES
.

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Session Laws, 1995
Volume 793, Page 3570   View pdf image
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