Ch. 635

1995 LAWS OF MARYLAND

(5)     a licensed insurance adviser while employed under contract by an
insured and acting for the insured, if the insurance adviser is not authorized to accept any
compensation from an agent, broker, or insurer[; or

(6)     an attorney at law of the State or a professional corporation of attorneys
incorporated under Title 5 of the Corporations and Associations Article, while acting as
a title insurance agent or broker].

10-112.

(a)     An applicant for a certificate of qualification as an agent or broker shall:

(1)     file with the Commissioner the appropriate application on the form that
the Commissioner provides;

(2)     pay to the Commissioner the applicable fee required by § 2-112 of this
article for an agent certificate of qualification or a broker certificate of qualification;

(3)     (i) file with the Commissioner on the form that the Commissioner
provides:

1. any agency or trade name to be used by the applicant;

2.       the business address of the applicant; and

3.       the name and residence address of each individual who holds
a certificate of qualification and does business under the agency or trade name; and

(ii) pay to the Commissioner the fee required by § 2-112 of this article
for filing a trade name; [and]

(4)     submit to the Commissioner an affidavit from the employer of the
applicant stating facts that show compliance with the applicable requirements of §
10-104(c)(2) or (3) of this subtitle, if the applicant qualifies by meeting the experience
requirements of § 10-104(c)(2) or (3) of this subtitle; AND

(5)     SUBMIT TO THE COMMISSIONER ANY ADDITIONAL INFORMATION
OR DOCUMENTATION THAT THE COMMISSIONER REQUIRES, INCLUDING ANY
INFORMATION OR DOCUMENTATION TO DETERMINE THE PROFESSIONAL
COMPETENCE, GOOD CHARACTER, AND TRUSTWORTHINESS OF THE APPLICANT.

(b)     [The application shall affirm that the applicant is of good character and
trustworthy.

(c)     ] An applicant who has experience in the armed forces of the United States
and qualifies under § 10-104(c)(3) of this subtitle must file an application within 1 year
after the date of discharge from the armed forces.

[(d)](C) (1) An applicant for a certificate of qualification as a broker shall file
with the Commissioner a bond that:

(i) runs to the State;

(ii) is in the penal sum of $10,000;

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