VETOES

Insurance —Certificate of Qualification Code

FOR the purpose of providing that certain professional
corporations of attorneys are not required to obtain certain
certificates of qualification under certain circumstances;
and generally relating to insurance certificates of
qualification; prohibiting any group or individual health
insurance policy issued by an insurer or nonprofit health
service plan that provides hospital, medical, or surgical
benefits and that provides reimbursement for pharmaceutical
products from establishing the amount of reimbursement on
the basis of the identity, practicing specialty, or
occupation of the authorized prescriber; and defining
certain terms.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code

Section 167

Annotated Code of Maryland

(1986 Replacement Volume and 1988 Supplement)

BY adding to

Article 48A - Insurance Code

Section 490K

Annotated Code of Maryland

(1986 Replacement Volume and 1988 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 48A - Insurance Code

167.

(a)  A person may not act as an insurance agent unless:

(1)  That person has obtained a certificate of
qualification from the State in the particular kind or kinds of
insurance or subdivisions thereof for which that person intends
to act as agent; and

(2)  That person has obtained an appointment or
appointments from an insurer or insurers.

(b)  A person may not act as an insurance broker unless that
person has obtained a certificate of qualification from the State
in the particular kind or kinds of insurance or subdivisions of
insurance for which that person intends to act as broker.

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