PARRIS N. GLENDENING, Governor

Ch. 36

AN APPLICANT FOR A CERTIFICATE OF QUALIFICATION AS AN AGENT OR
BROKER SHALL:

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

(2)      PAY TO THE COMMISSIONER THE APPLICABLE FEE REQUIRED BY §
2-112 OF THIS ARTICLE FOR AN AGENT CERTIFICATE OF QUALIFICATION OR A
BROKER CERTIFICATE OF QUALIFICATION;

(3)      (I) FILE WITH THE COMMISSIONER ON THE FORM THAT THE
COMMISSIONER PROVIDES:

1.        ANY AGENCY OR TRADE NAME TO BE USED BY THE
APPLICANT;

2.        THE BUSINESS ADDRESS OF THE APPLICANT; AND

3.        THE NAME AND RESIDENCE ADDRESS OF EACH
INDIVIDUAL WHO HOLDS A CERTIFICATE OF QUALIFICATION AND DOES BUSINESS
UNDER THE AGENCY OR TRADE NAME; AND

(II) PAY TO THE COMMISSIONER THE FEE REQUIRED BY § 2-112 OF
THIS ARTICLE FOR FILING A TRADE NAME; AND

(4)     SUBMIT TO THE COMMISSIONER AN AFFIDAVIT FROM THE
EMPLOYER OF THE APPLICANT STATING FACTS THAT SHOW COMPLIANCE WITH THE
APPLICABLE REQUIREMENTS OF § 10-104(C)(2) OR (3) OF THIS SUBTITLE, IF THE
APPLICANT QUALIFIES BY MEETING THE EXPERIENCE REQUIREMENTS OF §
10-104(C)(2) OR (3) OF THIS SUBTITLE.

(B)     AFFIRMATION OF GOOD CHARACTER.

THE APPLICATION SHALL AFFIRM THAT THE APPLICANT IS OF GOOD
CHARACTER AND TRUSTWORTHY.

(C)     ARMED FORCES EXPERIENCE.

AN APPLICANT WHO HAS EXPERIENCE IN THE ARMED FORCES OF THE UNITED
STATES AND QUALIFIES UNDER § 10-104(C)(3) OF THIS SUBTITLE MUST FILE AN
APPLICATION WITHIN 1 YEAR AFTER THE DATE OF DISCHARGE FROM THE ARMED
FORCES.

(D)     BOND.

(1) AN APPLICANT FOR A CERTIFICATE OF QUALIFICATION AS A
BROKER SHALL FILE WITH THE COMMISSIONER A BOND THAT:

(I)       RUNS TO THE STATE;

(II)     IS IN THE PENAL SUM OF $10,000;

(III)    IS EXECUTED BY AN AUTHORIZED SURETY INSURER; AND

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