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Session Laws, 1995
Volume 793, Page 1225   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 36

(B) LIST OF NEWLY CERTIFIED AGENTS AND BROKERS.

(1)      TO HELP THE DEPARTMENT OF ASSESSMENTS AND TAXATION IN
IDENTIFYING NEW BUSINESSES IN THE STATE, BY AUGUST 31 OF EACH YEAR THE
COMMISSIONER SHALL PROVIDE TO THE DEPARTMENT OF ASSESSMENTS AND
TAXATION A LIST OF AGENTS AND BROKERS THAT WERE ISSUED CERTIFICATES OF
QUALIFICATION DURING THE PREVIOUS FISCAL YEAR.

(2)      THE LIST SHALL INCLUDE:

(I)       THE NAME AND MAILING ADDRESS OF EACH PERSON ISSUED A
CERTIFICATE OF QUALIFICATION; AND

(II)     THE FEDERAL TAX IDENTIFICATION NUMBER OF EACH
PERSON OR, IF THE PERSON DOES NOT HAVE A FEDERAL TAX IDENTIFICATION
NUMBER, THE SOCIAL SECURITY NUMBER OF THE PERSON.

(3)      THE COMMISSIONER SHALL PROVIDE THE LIST FREE OF CHARGE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, §§ 179.1, 176(d), and, except for the reference
to renewal, § 168(a).

In subsection (a) of this section, the former reference to the Commissioner
issuing a certificate of qualification "as the Commissioner may consider
appropriate" is deleted as unnecessary and potentially misleading because the
Commissioner does not have discretion to deny a certificate of qualification to
a qualified applicant.

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

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

10-114. CONDUCTING BUSINESS AS PARTNERSHIP OR CORPORATION.

AGENTS OR BROKERS MAY CONDUCT INSURANCE BUSINESS AS A
PARTNERSHIP OR CORPORATION IF EACH INDIVIDUAL WHO SOLICITS, NEGOTIATES,
OR ACCEPTS INSURANCE BUSINESS FROM THE PUBLIC HOLDS A CERTIFICATE OF
QUALIFICATION IN THE KIND OR SUBDIVISION OF INSURANCE FOR WHICH THE
INDIVIDUAL ACTS AS AGENT OR BROKER AND, IF APPLICABLE, AN APPOINTMENT
FROM AN INSURER.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 168(e)(3).

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Session Laws, 1995
Volume 793, Page 1225   View pdf image
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