WILLIAM DONALD SCHAEFER, Governor Ch. 609

biennial fee as required in § 41 of this article upon request but
without further action on the part of the agent or broker. Upon
payment of the prescribed fees prior to the date of renewal, the
certificate shall continue in force until renewed by the
Commissioner or until such time as the Commissioner has refused
for cause to renew that certificate.

(2)  As a condition of a certificate renewal, the
Commissioner shall require that an agent OR BROKER receive
continuing education.

(i) The Commissioner may not require an agent
OR BROKER to receive more than 16 clock hours of continuing
education per license renewal regardless of the number of
certificates the agent OR BROKER may have.

(ii) The continuing education shall promote the
education level of agents AND BROKERS in lines or specialties
appropriate to the certificate category.

(iii) If continuing education is required, the
Commissioner may grant a waiver when:

1.  The agent OR BROKER has a limited
license;

2.  The agent OR BROKER is a retiree; or

3.  The Commissioner determines that other
circumstances warrant the waiver.

(3)  The Commissioner shall adopt such regulations as
are necessary for the implementation of this subsection. The
Commissioner may approve as continuing education, courses offered
by an insurer or an agent's OR BROKER'S employer or an agent's OR
BROKER'S association.

(4) IN EACH RENEWAL PERIOD, THE COMMISSIONER:

(I)  SHALL PERMIT AN AGENT OR BROKER TO RECEIVE
UP TO 3/4 THREE-FOURTHS OF THE AGENT'S OR BROKER'S CONTINUING
EDUCATION REQUIREMENT FROM A COURSE OR COURSES SPONSORED BY AN
INSURANCE COMPANY OR COMPANIES; AND

(II)  MAY PERMIT AN AGENT OR BROKER TO RECEIVE
ALL OF THE AGENT'S OR BROKER'S CONTINUING EDUCATION REQUIREMENT
FROM A COURSE OR COURSES SPONSORED BY AN INSURANCE COMPANY OR
COMPANIES.

(c) An agent's certificate of qualification may not be
renewed if for a period of 2 years prior to the time of renewal
the agent has had no appointments from insurers doing business in
this State.

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