PARRIS N. GLENDENING, Governor

Ch. 475

(7) refuses to provide additional information that the Commissioner
considers advisable in considering an application for renewal of the certificate of
authority;

(8) FAILS TO COMPLY WITH RECOMMENDATIONS OF THE

COMMISSIONER IN AN EXAMINATION REPORT;

[(8)] (9) fails to pay a final judgment against it in the State within 30 days
after the judgment becomes final;

[(9)]—(10)—is affiliated with and under the same general management or
interlocking directorate or ownership as another insurer that transacts direct insurance in
the State without having a certificate of authority to do so, except as allowed to a surplus
lines insurer under Title 3, Subtitle 3 of this article;

[(10)] (11)—is found by the Commissioner to have participated, with or
without the knowledge of an agent or broker, in selling motor vehicle insurance without
an actual intent to sell the insurance, as evidenced by a persistent pattern of filing
certificates of insurance together with or closely followed by cancellation notices for the
insurance;

[(11)] (12) except as allowed under § 10-103(b) of this article, is found by
the Commissioner to have knowingly participated with a person, acting as an agent, that
does not have an appointment from the insurer in accepting insurance contracts that the
person has solicited, negotiated, or effectuated, if committed with sufficient frequency to
indicate a general business practice; or

[(12)] (13)—has had a certificato of authority revoked or suspended by the
insurance regulatory authority of another state.

4-117.

(A)    THE COMMISSIONER MAY NOT RECOGNIZE ANY PERSON AS A QUALIFIED
INDEPENDENT CERTIFIED PUBLIC ACCOUNTANT UNLESS THE PERSON:

(1)     IS IN GOOD STANDING:

(I) WITH THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC
ACCOUNTANTS; AND

(I)     WITH THE MARYLAND STATE BOARD OF PUBLIC
ACCOUNTANCY; AND

(II)    IN ALL STATES WITH THE APPROPRIATE STATE BOARD OF
ACCOUNTANCY OF ANY OTHER STATE IN WHICH THE ACCOUNTANT IS LICENSED TO
PRACTICE; OR

(2)     IN THE CASE OF A CANADIAN OR BRITISH ACCOUNTANT, IS A
CHARTERED ACCOUNTANT.

(B)     EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION, AN INDEPENDENT
CERTIFIED PUBLIC ACCOUNTANT SHALL BE RECOGNIZED AS QUALIFIED AS LONG
AS THE ACCOUNTANT CONFORMS TO:

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