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LAWS OF MARYLAND

Ch. 818

the insurer. This provision shall not be deemed to
prohibit the charging and collection, by surplus line
agents licensed under Subtitle 13 of this article, of the
amount of applicable State and federal taxes in addition
to the premium required by the insurer. Nor shall it be
deemed to prohibit the charging and collection by a life
insurer, of amounts actually to be expended for medical
examination of an applicant for life insurance or for
reinstatement of a life insurance policy. NOB MAY IT BE
DEEMED TO PROHIBIT BROKERS FROM CHARGING A FEE, NOT TO
EXCEED 15 PERCENT OF THE POLICY PREMIUM, FOR SERVICES
RENDERED IN THE REPLACEMENT OF INSURANCE IN A COMPANY
WHERE NO COMMISSIONS ARE PAYABLE BY THE INSURER. Nor
shall it be deemed to prohibit the charging and
collection, by agents or brokers, of actual expenses
incurred in the placement of automobile insurance through
the Maryland Automobile Insurance Fund with a maximum
charge of $5.00 unless provided otherwise by the fund.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved May 17, 1976.

CHAPTER 819

(House Bill 1761)

AN ACT concerning

Independent Insurance Agent - Defined

FOR the purpose of defining an independent insurance
agent; and providing that only those agents meeting
this definition may hold themselves out to the
public as Independent Insurance Agents.

BY repealing and reenacting, with amendments,

Article 48A — Insurance Code
Section 166

Annotated Code of Maryland
(1972 Replacement Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 166 of Article 48A - Insurance
Code, of the Annotated Code of Maryland (1972 Replacement
Volume and 1975 Supplement) be and it is hereby repealed
and reenacted, with amendments, to read as follows:

Article 48A - Insurance Code