3666

LAWS OF MARYLAND

Ch. 778

(14) Has been refused a license OR CERTIFICATE or had
his license suspended or revoked in another state; or

(16)  Has transacted insurance business which was
directed to him for consideration by a person whose license OR
CERTIFICATE to engage in the insurance business, at that time,
was suspended or revoked and the applicant for or holder of such
license OR CERTIFICATE knew or should have known that the
person's license OR CERTIFICATE was suspended or [revoked.]
REVOKED; OR

(17)   IF APPLYING FOR RENEWAL OF AN AGENT'S
CERTIFICATE, HAS NOT HELD AN APPOINTMENT WITH AN INSURER FOR MORE
THAN 2 YEARS FROM THE DATE OF RENEWAL.

175A.

In lieu of or in addition to, suspension or revocation of
the [license] CERTIFICATE of an agent or broker, the Commissioner
may impose a penalty of not less than $25.00 nor more than
$500.00 from the agent or broker whose [license] CERTIFICATE is
subject to suspension or revocation under [the provisions of]
this article.

175B.

In lieu of, or in addition to, suspension or revocation of
the [license] CERTIFICATE of an agent or broker, the Commissioner
may require that restitution be made to any citizen who has
suffered financial injury or damage as a result of the violation
of any provisions of this article.

176.

(a)  Before any individual is eligible for a [license]
CERTIFICATE to act as [agent,] AGENT or broker, with regard to
kinds of insurance other than life and health [insurance and]
INSURANCE, annuities, AND LIMITED LINES AS SET FORTH IN § 173 he
shall, except as otherwise provided in this subtitle, be required
to meet the qualifications prescribed by § 177.

(b)  Before any individual is eligible for a [license, and
before the Commissioner may issue a license] CERTIFICATE to act
as agent or broker as to life and health insurance or annuities,
he shall, except as otherwise provided in this subtitle, meet the
qualifications prescribed in § 178.

(c)   Scope of qualification; specialties.

(1) Any applicant may qualify as to any particular
kind or kinds of [insurance, or any combination of kinds of
insurance without regard to agent appointments then available to
the applicant or to any combination of kinds of insurance
business transacted by any insurer which desires a license for