3664

LAWS OF MARYLAND

Ch. 778

CERTIFICATES OF QUALIFICATION TO ACT AS AN AGENT MAY BE ISSUED:

(1)  TO AN APPLICANT FOR PROPERTY OR CASUALTY OR
SUBDIVISION THEREOF FOR WHICH THE AGENT HAD PREVIOUSLY BEEN
LICENSED IN ANOTHER STATE FOR AT LEAST 1 YEAR WITHIN 3 YEARS NEXT
PRECEDING THE DATE OF APPLICATION; AND

(2)  TO AN APPLICANT FOR LIFE OR HEALTH INSURANCE
CERTIFICATE OF QUALIFICATION WHO BONA FIDE INTENDS TO ENGAGE IN
BUSINESS AS AN AGENT OR BROKER AND WHO INTENDS TO TAKE THE
QUALIFICATION EXAMINATION UNDER § 178 OF THIS ARTICLE WITHIN 90
DAYS FROM THE DATE A TEMPORARY CERTIFICATE OF QUALIFICATION IS
ISSUED.

(c)  [The temporary license shall be for a term not
exceeding ninety (90) days, subject to extension by the
Commissioner in his discretion for additional periods of not more
than ninety (90) days each; but not to exceed an aggregate period
of fifteen (15) months; provided that the designee under
subsection (a) (4) above may be issued a temporary license for
such period of time as the Commissioner may deem necessary for
the continuation of the business of the agent or broker.] A
PERSON MAY NOT ACT AS A TEMPORARY INSURANCE AGENT UNLESS:

(1)  THE INDIVIDUAL HAS OBTAINED A TEMPORARY
CERTIFICATE OF QUALIFICATION FROM THE DIVISION IN THE PARTICULAR
KIND OR KINDS OF INSURANCE OR SUBDIVISION THEREOF FOR WHICH THE
INDIVIDUAL INTENDS TO ACT AS AGENT; AND

(2)  THE INDIVIDUAL HAS OBTAINED AN APPOINTMENT OR
APPOINTMENTS FROM AN INSURER OR INSURERS.

(d)  [The Commissioner shall within 30 days from the date an
application is received, either issue a temporary license to the
applicant therefor, or refuse in writing. The written refusal to
issue the license shall contain the reasons upon which such
action is based.] THE TEMPORARY CERTIFICATE OF QUALIFICATION
SHALL BE ISSUED UPON APPLICATION FILED WITH THE COMMISSIONER IN
SUCH FORM AND CONTAINING SUCH INFORMATION AS THE COMMISSIONER MAY
REASONABLY REQUIRE AND UPON PAYMENT OF THE APPLICABLE FEE AS
PRESCRIBED IN § 41.

(E)  THE TEMPORARY CERTIFICATE OF QUALIFICATION ISSUED UNDER
SUBSECTION (A) OF THIS SECTION SHALL BE FOR A TERM OF 15 MONTHS.
THE TEMPORARY CERTIFICATE OF QUALIFICATION ISSUED UNDER
SUBSECTION (B) OF THIS SECTION SHALL BE FOR A TERM NOT EXCEEDING
90 DAYS.

(F)  THE COMMISSIONER SHALL WITHIN 30 DAYS FROM THE DATE AN
APPLICATION IS RECEIVED EITHER ISSUE A TEMPORARY CERTIFICATE OF
QUALIFICATION TO THE APPLICANT THEREFOR OR REFUSE IN WRITING.
THE WRITTEN REFUSAL TO ISSUE THE LICENSE SHALL CONTAIN THE
REASONS ON WHICH THE ACTION IS BASED.

173.