Ch. 36

1995 LAWS OF MARYLAND

The Insurance Article Review Committee notes, for consideration by the
General Assembly, that the General Assembly may wish to clarify the
requirements that a partnership, association, or corporation must meet to be
licensed. It is unclear how the examination requirement of subsection (c) of
this section and the residence requirement of subsection (d) of this section
would apply in the case of a license issued to an association, corporation, or
partnership.

Defined terms: "Commissioner" § 1-101
"License" § 10-401
"Person" § 1-101
"Public adjuster" § 10-401

10-405. APPLICATIONS FOR INITIAL LICENSES.

(A)     IN GENERAL.

(1)      AN APPLICANT FOR AN INITIAL LICENSE SHALL:

(I)       FILE WITH THE COMMISSIONER AN APPLICATION ON THE
FORM THAT THE COMMISSIONER PROVIDES; AND

(II)     PAY TO THE COMMISSIONER THE FEE REQUIRED BY § 2-112 OF
THIS ARTICLE.

(2)      IF THE APPLICANT IS A PARTNERSHIP, ASSOCIATION, OR
CORPORATION, THE FEE SHALL BE PAID FOR EACH INDIVIDUAL SPECIFIED IN THE
LICENSE.

(B)     CONTENTS OF APPLICATION FORM.
THE APPLICATION FORM SHALL REQUIRE:

(1)      THE NAME AND ADDRESS OF THE APPLICANT;

(2)      THE NAME AND ADDRESS OF:

(I)       EACH PARTNER OF THE PARTNERSHIP, IF THE APPLICANT IS A
PARTNERSHIP;

(II)     EACH MEMBER OF THE ASSOCIATION, IF THE APPLICANT IS AN
ASSOCIATION; AND

(III)    EACH OFFICER AND EACH DIRECTOR OF THE CORPORATION,
IF THE APPLICANT IS A CORPORATION;

(3)      WHETHER ANY OTHER INSURANCE LICENSE OR CERTIFICATE HAS
BEEN ISSUED TO THE APPLICANT;

(4)      IF THE APPLICANT IS AN INDIVIDUAL, WHETHER ANY OTHER
INSURANCE LICENSE OR CERTIFICATE HAS BEEN ISSUED. TO ANY OFFICER OR
DIRECTOR OF THE CORPORATION;

- 1266 -