Ch. 36                                          1995 LAWS OF MARYLAND

Defined terms: "Agent" § 1-101
"Broker" § 1-101
"Commissioner" § 1-101
"Health insurance" § 1-101
"Insurance" § 1-101
"Insurer" § 1-101
"Life insurance" § 1-101
"Mutual insurer" § 1-101
             "Stock insurer" § 1-101

10-111. QUALIFICATION OF BROKER AS AGENT; QUALIFICATION OF AGENT AS
BROKER.

(A)     QUALIFICATION OF BROKER AS AGENT.

AN INDIVIDUAL WHO HAS A VALID CERTIFICATE OF QUALIFICATION AS A
BROKER FOR. THE KIND OR SUBDIVISION OF INSURANCE FOR WHICH THE
INDIVIDUAL INTENDS TO ACT AS AN AGENT MAY OBTAIN A CERTIFICATE OF
QUALIFICATION TO ACT AS AN AGENT FOR THAT KIND OR SUBDIVISION OF
INSURANCE IF THE INDIVIDUAL PAYS TO THE COMMISSIONER THE APPLICABLE FEE
FOR AN INITIAL AGENT CERTIFICATE OF QUALIFICATION AS REQUIRED BY § 2-112
OF THIS ARTICLE.

(B)     QUALIFICATION OF AGENT AS BROKER.

AN INDIVIDUAL WHO HAS A VALID CERTIFICATE OF QUALIFICATION AS AN
AGENT FOR THE KIND OR SUBDIVISION OF INSURANCE FOR WHICH THE
INDIVIDUAL INTENDS TO ACT AS A BROKER MAY OBTAIN A CERTIFICATE OF
QUALIFICATION TO ACT AS A BROKER FOR THAT KIND OR SUBDIVISION OF
INSURANCE IF THE INDIVIDUAL:

(1)      PAYS TO THE COMMISSIONER THE APPLICABLE FEE FOR AN INITIAL
BROKER CERTIFICATE OF QUALIFICATION AS REQUIRED BY § 2-112 OF THIS
ARTICLE; AND

(2)      FILES WITH THE COMMISSIONER A BOND AS PROVIDED IN § 10-112
OF THIS SUBTITLE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 168(b)(2) and (c)(1)(ii) and the first sentence
of (2).

Defined terms: "Agent" § 1-101
"Broker" § 1-101

"Certificate of qualification" § 10-101
"Commissioner" § 1-101
"Insurance" § 1-101

10-112. APPLICATIONS FOR CERTIFICATE OF QUALIFICATION.

(A) IN GENERAL.

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