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Session Laws, 1995
Volume 793, Page 1168   View pdf image
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Ch. 36

1995 LAWS OF MARYLAND

In subsection (b)(1) of this section, the word "fraternal", which formerly
modified "insurance contracts", is deleted as unnecessary in light of the
reference to soliciting contracts for a licensed "society".

Defined terms: "Certificate of qualification" § 8-401
"Fraternal benefit agent" § 8-401
"Insurance" § 1-101
"Insurance contract" § 1-101
"Life insurance" § 1-101
"Person" § 1-101
"Society" § 8-401

8-450. APPLICATIONS FOR CERTIFICATES OF QUALIFICATION.

AN APPLICANT FOR A CERTIFICATE OF QUALIFICATION SHALL:

(1)     FILE WITH THE COMMISSIONER AN APPLICATION ON THE FORM
THAT THE COMMISSIONER PROVIDES; AND

(2)     PAY TO THE COMMISSIONER A BIENNIAL FEE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 344E(2) and, as it related to a biennial fee,
(1).

In item (1) of this section, the former reference to a "written" application
"and supplements thereto" "containing such information, as the
Commissioner may require" is deleted as unnecessary in light of the reference
to "an application on the form that the Commissioner provides".

Defined terms: "Certificate of qualification" § 8-401
"Commissioner" § 1-101

8-451. EXAMINATIONS.

(A)     SCOPE OF SECTION.

THIS SECTION DOES NOT APPLY TO A PERSON THAT WAS LICENSED OR
QUALIFIED AS A FRATERNAL BENEFIT AGENT IN THE STATE BEFORE JULY 1, 1985.

(B)     REQUIRED.

THE COMMISSIONER SHALL REQUIRE AN APPLICANT FOR A CERTIFICATE OF
QUALIFICATION TO PASS A WRITTEN EXAMINATION.

(C)     CONTENTS.

THE EXAMINATION SHALL INCLUDE QUESTIONS ONLY ABOUT:

(1)     INSURANCE ISSUED BY SOCIETIES;

(2)     THE TYPES OF CERTIFICATES, POLICIES, OR CONTRACTS IN
GENERAL PROPOSED TO BE SOLICITED UNDER THE CERTIFICATE OF
QUALIFICATION; AND

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Session Laws, 1995
Volume 793, Page 1168   View pdf image
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