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Session Laws, 1995
Volume 793, Page 1236   View pdf image
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Ch. 36

1995 LAWS OF MARYLAND

TITLE INSURANCE AGENT, THE COMMISSIONER MAY SEEK AN IMMEDIATE
RESTRAINING ORDER FROM A CIRCUIT COURT TO PROHIBIT THE TITLE INSURANCE
AGENT FROM PROVIDING TITLE INSURANCE, ESCROW, CLOSING, OR SETTLEMENT
SERVICES.

(2) A RESTRAINING ORDER ISSUED BY A COURT UNDER THIS
SUBSECTION IS EFFECTIVE UNTIL:

(I)      THE COURT LIFTS THE RESTRAINING ORDER; OR

(II)     THE CHARGES ARE DISMISSED OR ADJUDICATED.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 168A(b)(1) and (2)(i) and (c) through (j).

In subsections (d)(2) and (f)(1), (2), and (3) of this section, the references to
a "surety insurer" are substituted for the former references to "insurer" to
clarify the type of insurer that is authorized to issue a fidelity or surety bond.

In subsections (d)(2) and (f)(1), (2), (3), and (4) of this section, the references
to a "letter of credit" are added for consistency throughout this section.

In subsection (f)(2) of this section, the former references to a bond that is
"forfeited]" or "terminat[ed]" are deleted as included in the reference
"canceling" the bond.

Former Art. 48A, § 168A(b)(2)(ii), which provided that "[t]his section does
not apply to ... [a] lawyer who is admitted to practice before the Court of
Appeals of the State of Maryland", is deleted as unnecessary in light of §
10-102(b)(6) of this subtitle.

Defined terms: "Agent" § 1-101
"Appointment" § 1-101
"Authorized insurer" § 1-101
"Certificate of qualification" § 10-101
"Commissioner" § 1-101
"Insurer" § 1-101
"Person" § 1-101
"Title insurance" § 1-101
"Title insurance agent" § 10-101

10-122. SPECIAL CERTIFICATES OF QUALIFICATION — SELLERS OF
TRANSPORTATION TICKETS.

(A)     IN GENERAL.

WITHOUT REGARD TO THE EDUCATION, EXPERIENCE, OR EXAMINATION
REQUIREMENTS OF THIS SUBTITLE, THE COMMISSIONER MAY ISSUE A SPECIAL
RESTRICTED CERTIFICATE OF QUALIFICATION TO AN INDIVIDUAL WHO SELLS
TRANSPORTATION TICKETS OF A COMMON CARRIER OF PERSONS AND PROPERTY.

(B)     SCOPE.

- 1236 -

 

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Session Laws, 1995
Volume 793, Page 1236   View pdf image
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