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Session Laws, 1993
Volume 772, Page 3021   View pdf image
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WILLIAM DONALD SCHAEFER, Governor                            Ch. 613

2. IF THE AGENT OR BROKER HAS BEEN LICENSED FOR 25 OR
MORE CONSECUTIVE YEARS, MORE THAN 8 CLOCK HOURS OF CONTINUING
EDUCATION PER LICENSE RENEWAL.

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

waiver when:

(iii) If continuing education is required the Commissioner may grant a

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.

(IV) AN AGENT OR BROKER MAY SATISFY THE REQUIREMENTS OF
SUBPARAGRAPH (I)2 OF THIS PARAGRAPH BY SUBMITTING TO THE COMMISSIONER:

1. PROOF THAT THE AGENT OR BROKER HAS COMPLETED 8
CLOCK HOURS OF CONTINUING EDUCATION FOR THE APPLICABLE LICENSE RENEWAL
PERIOD; AND

2. AN AFFIDAVIT THAT. OVER THE PREVIOUS 25 CONSECUTIVE
YEARS. THE AGENT OR BROKER HAS BE EN:

STATE; AND

IN THIS STATE.

A. CONTINUALLY LICENSED AS AN AGENT OR BROKER IN THIS

B. CONTINUALLY EMPLOYED IN THE SELLING OF INSURANCE.

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article 48A - Insurance Code

170.

(b) (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 to receive more than
16 clock hours of continuing education per license renewal regardless of the number of
certificates the agent may have.] REGARDLESS OF THE NUMBER OF CERTIFICATES AN
AGENT OR BROKER MAY HAVE, THE COMMISSIONER MAY NOT REQUIRE AN AGENT
OR BROKER TO RECEIVE:

1. IF THE AGENT OR BROKER HAS BEEN LICENSED FOR LESS
THAN 25 CONSECUTIVE YEARS, MORE THAN 16 CLOCK HOURS OF CONTINUING
EDUCATION PER LICENSE RENEWAL; AND

- 3021 -

 

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Session Laws, 1993
Volume 772, Page 3021   View pdf image
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