PARRIS N. GLENDENING, Governor                             Ch. 635

SUBTITLE LEAVES THE EMPLOYMENT OF OR ENDS AN ASSOCIATION WITH THE
TITLE INSURANCE AGENT OR TITLE INSURANCE BROKER.

(2) THE TITLE INSURANCE AGENT OR TITLE INSURANCE BROKER
REQUIRED TO PROVIDE NOTICE UNDER THIS SUBSECTION SHALL NOTIFY THE
COMMISSIONER WITHIN 5 WORKING DAYS AFTER THE DAY THE INDIVIDUAL
LEAVES EMPLOYMENT OR ENDS THE ASSOCIATION.

(3) THE NOTICE REQUIRED UNDER THIS SUBSECTION SHALL BE IN
WRITING AND BY CERTIFIED MAIL.

[(k)](M) (N) (O) A title insurance agent OR TITLE INSURANCE BROKER who
willfully or knowingly violates any provision of this section is guilty of a misdemeanor and
on conviction is subject to a fine not to exceed $50,000 or imprisonment not exceeding 1
year or both.

169.

(a)     All insurers doing business in this State shall on the appointment or
termination of any agent, immediately file a written notice of appointment or termination
with the Commissioner AND THE REASONS FOR TERMINATION. [In the case of
termination the Commissioner may require insurers to file a statement of facts relative to
the termination and the date and cause thereof.] Any disclosure to the Commissioner
under this subsection shall be considered a privileged communication and may not be
used in evidence in any court action or proceeding other than an appeal from action of
the Commissioner.

(b)     All such appointments and terminations shall be accompanied by the
appropriate fees in the respective amounts stated, when required by the applicable
provisions of this article.

(c)     The appointment and appointment fee provisions of this section do not apply
to agents who are licensed with an insurer on June 30, 1985.

173.

(E) (1) SUBJECT TO § 173A OF THIS SUBTITLE, THE COMMISSIONER MAY
ISSUE A SPECIAL RESTRICTED CERTIFICATE OF QUALIFICATION TO AN ATTORNEY
AT LAW OF THE STATE AND ANY FORM OF ASSOCIATION OF ATTORNEYS TO ACT AS
A TITLE INSURANCE AGENT OR TITLE INSURANCE BROKER.

(2) SUBJECT TO PARAGRAPH (3) OF THIS SUBSECTION, ANY PERSON
ISSUED A SPECIAL RESTRICTED CERTIFICATE OF QUALIFICATION UNDER THIS
SECTION IS SUBJECT TO ALL THE PROVISIONS OF THIS ARTICLE CONCERNING TITLE
INSURANCE AGENTS OR TITLE INSURANCE BROKERS, EXCEPT FOR THE EDUCATION,
EXPERIENCE, OR EXAMINATION REQUIREMENTS OF THIS SUBTITLE.

(3) AN INDIVIDUAL ATTORNEY AT LAW IN AN ASSOCIATION OF
ATTORNEYS MUST HOLD A CERTIFICATE OF QUALIFICATION TO ACT AS A TITLE
INSURANCE AGENT OR TITLE INSURANCE BROKER ONLY IF THE ATTORNEY AT LAW
IS PRIMARILY ENGAGED IN ACTING AS A TITLE INSURANCE AGENT OR TITLE
INSURANCE BROKER.

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