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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 639   View pdf image (33K)
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INSURANCE. 639

An. Code. 1924, sec. 61. 1922, ch. 492, sec. 60. 1924, ch. 235, sec. 60.
1927, ch. 400, sec. 61.

61. Application for Agent's and Solicitor's Licenses. Before any
license or permit shall be issued to any insurance agent or solicitor for any
insurance company in this State, the company desiring to appoint said
agent or solicitor shall make application to the Commissioner for a license
or permit on forms to be prescribed and prepared by the Insurance Com-
missioner and said company shall pay the license or registration fees pre-
scribed by this Article. Before any license or permit is issued to such
agent or solicitor, the Commissioner may refuse to issue any such license
if convinced that the applicant therefor has wilfully misrepresented any
policy of insurance, or has dealt unjustly with or wilfully deceived any
citizen of this State in regard to any insurance policy, or that his license
or authority to act for any Insurance Company has been refused or re-
voked in this or any other state for violation of law; or has misrepresented
the terms or conditions of any insurance policy or contract or has misap-
propriated or withheld from any Insurance Company, general agent, agent
or broker any money or property received or collected by him for any com-
pany, general agent, agent or broker under any former or existing employ-
ment as agent, broker or solicitor, or has wilfully violated any of the insur-
ance laws of this state or any ruling of the Commissioner which he is by
law authorized to make; provided, that any person deeming himself ag-
grieved by any such refusal by the Commissioner to grant any such license
as aforesaid, shall have the right to appeal to the Superior Court of Balti-
more City for a writ of mandamus to compel the issuance of such license
in any proper case where the same has been wrongfully and improperly
withheld.

An. Code, 1924, sec. 62. 1922, ch. 492, sec. 61. 1935, ch. 152.

62. Revocation of License of Agent or Broker. Whenever the Com-
missioner shall be satisfied that any insurance broker, broker's solicitor,
agent or solicitor, licensed or registered by this State, has wilfully violated
any of the insurance laws of this State, or has wilfully misrepresented
any policies of insurance, or has dealt unjustly with or wilfully deceived
any citizen of this State in regard to any insurance policy, or has failed
or refused to pay over to the company or to his principal or other per-
son whom he represents or has represented, or by or for whom he
is employed or acts, any money or property in the hands of said
agent, solicitor, broker or broker's solicitor belonging to said com-
pany, firm, broker, principal or person when demanded to do so, or has
violated any ruling of the insurance department which he is by law au-
thorized to make, or upon conviction of any infamous crime under the laws

of this State, or has been guilty of twisting or attempting to twist by mis-
representation any policy of insurance or has made any false statement,
answer or declaration in his application for license, then and in any such

case, the Commissioner may, and it shall be his duty to suspend or re-
voke the license of such broker or broker's solicitor, or suspend or revoke


 

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1935 Cumulative Supplement to the Annotated Code of the Public General Laws of Maryland
Volume 378, Page 639   View pdf image (33K)
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