Ch. 36

1995 LAWS OF MARYLAND

Defined terms: "Agent" § 1-101                

"Appointment" § 1-101
"Broker" § 1-101

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

10-115. TERM AND RENEWAL OF CERTIFICATE OF QUALIFICATION.

(A) TERM OF CERTIFICATE OF QUALIFICATION..

CERTIFICATES OF QUALIFICATION EXPIRE EVERY OTHER YEAR UNLESS
RENEWED AS PROVIDED IN THIS SECTION.

(B). RENEWAL NOTICE.

AT LEAST 1 MONTH BEFORE A CERTIFICATE OF QUALIFICATION EXPIRES, THE
COMMISSIONER SHALL MAIL. TO THE HOLDER OF THE CERTIFICATE OF
QUALIFICATION, AT THE LAST KNOWN ADDRESS OF THE HOLDER:

(1)      A RENEWAL APPLICATION FORM; AND

(2)      A NOTICE THAT STATES:

(I)       THE DATE BY WHICH THE COMMISSIONER MUST RECEIVE THE
RENEWAL APPLICATION FOR THE RENEWAL TO BE ISSUED AND MAILED BEFORE
THE CERTIFICATE OF QUALIFICATION EXPIRES; AND

(II)     THE AMOUNT OF THE RENEWAL FEE.

(C)     APPLICATIONS FOR RENEWAL.

BEFORE A CERTIFICATE OF QUALIFICATION EXPIRES, THE HOLDER OF THE
CERTIFICATE OF QUALIFICATION MAY RENEW IT FOR AN ADDITIONAL 2-YEAR
TERM, IF THE HOLDER:

(1)      OTHERWISE IS ENTITLED TO A CERTIFICATE OF QUALIFICATION;

(2)      FILES WITH THE COMMISSIONER A RENEWAL APPLICATION ON THE
FORM THAT THE COMMISSIONER PROVIDES; AND

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

(D)  ISSUANCE OF RENEWAL; PAYMENT OF RENEWAL FEE.

(1) SUBJECT TO SUBSECTION (E)(1) OF THIS SECTION, THE
COMMISSIONER SHALL RENEW THE CERTIFICATE OF QUALIFICATION OF EACH
HOLDER WHO MEETS THE REQUIREMENTS OF THIS SECTION.

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