Ch. 36

1995 LAWS OF MARYLAND

"Insurance" § 1-101
"Insurance business" § 1-101
"Insurer" § 1-101
"Person" § 1-101
"Policy" § 1-101
"Property insurance" § 1-101
"Society" § 8-401
"State" § 1-101

8-456. APPOINTMENTS AND TERMINATIONS.

(A)     IN GENERAL.

WHEN A SOCIETY DOING BUSINESS IN THE STATE MAKES OR TERMINATES AN
APPOINTMENT OF A FRATERNAL BENEFIT AGENT, THE SOCIETY IMMEDIATELY
SHALL:

(1)     FILE WITH THE COMMISSIONER WRITTEN NOTICE OF THE
APPOINTMENT OR TERMINATION; AND

(2)      PAY TO THE COMMISSIONER THE FEE REQUIRED BY § 2-112 OF THIS
ARTICLE.

(B)     STATEMENT OF FACTS ABOUT TERMINATION.

(1)     THE COMMISSIONER MAY REQUIRE A SOCIETY THAT TERMINATES
AN APPOINTMENT TO FILE A STATEMENT OF FACTS ABOUT THE TERMINATION,
INCLUDING THE DATE AND CAUSE OF THE TERMINATION.

(2)     EACH STATEMENT RELATIVE TO THE TERMINATION AND DATE AND
CAUSE OF THE TERMINATION IS A PRIVILEGED COMMUNICATION.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 344F.

The Insurance Article Review Committee notes, for the consideration of the
General Assembly, that subsection" (b)(2) of this section, which relates to the
privileged nature of communications about the termination of fraternal
benefit agents, differs from § 10-118 of this article, which relates to
termination statements for other insurance agents and is more specific. The
General Assembly may wish to conform the two provisions.

Defined terms: "Commissioner" § 1-101
"Fraternal benefit agent" § 8-401
"Society" § 8-401

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