Ch. 36

1995 LAWS OF MARYLAND

NOTICE HAS A CERTIFICATE ISSUED BY THE COMMISSIONER STATING THAT THE
INSURER, AGENT, OR OTHER PERSON NAMED IN THE CERTIFICATE IS AUTHORIZED
TO TRANSACT INSURANCE BUSINESS IN THE STATE.

(2) ON APPLICATION OF ANY PERSON, THE COMMISSIONER SHALL
ISSUE THE CERTIFICATE WITHOUT CHARGE.

(B)      PUBLICATION OR BROADCAST BY UNAUTHORIZED INSURERS, AGENTS,
AND OTHERS PROHIBITED.

A PERSON MAY NOT PUBLISH OR PRINT IN A NEWSPAPER, MAGAZINE,
PERIODICAL, CIRCULAR LETTER, PAMPHLET, OR IN ANY OTHER MANNER, OR
BROADCAST BY RADIO OR TELEVISION IN THE STATE, AN ADVERTISEMENT OR
OTHER NOTICE THAT DIRECTLY OR INDIRECTLY SOLICITS BUSINESS FOR OR SETS
FORTH THE ADVANTAGES OF DOING BUSINESS WITH AN INSURER, AGENT, OR
OTHER PERSON THAT IS NOT AUTHORIZED TO TRANSACT INSURANCE BUSINESS IN
THE STATE.                                                                                                                             

(C)      DISTRIBUTION FOR UNAUTHORIZED INSURERS, AGENTS, AND OTHERS
PROHIBITED.

A MANUFACTURER, JOBBER, WHOLESALER, OR RETAILER MAY NOT
DISTRIBUTE OR CAUSE TO BE DISTRIBUTED MATCHBOOKS OR OTHER ADVERTISING
MATTER, EXCEPT NEWSPAPERS AND MAGAZINES OF GENERAL CIRCULATION, THAT
DIRECTLY OR INDIRECTLY SOLICITS BUSINESS FOR OR SETS FORTH THE
ADVANTAGES OF DOING BUSINESS WITH AN: INSURER, AGENT, OR OTHER PERSON
THAT IS NOT AUTHORIZED TO TRANSACT INSURANCE BUSINESS IN THE STATE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 201(b).

In subsection (a) of this section, the former phrase "for the current license
year" is deleted as implicit in the phrase "is authorized to transact insurance
business in the State".

Defined terms: "Commissioner" § 1-101
"Insurance business" § 1-101
"Insurer" § 1-101
"Person" § 1-101

4-205. STATUTORY AUTHORIZATION REQUIRED TO DO INSURANCE BUSINESS.

(A) SCOPE OF SECTION.

THIS SECTION DOES NOT APPLY TO:

(1)      THE LAWFUL TRANSACTION OF SURPLUS LINES INSURANCE;

(2)      THE LAWFUL TRANSACTION OF REINSURANCE BY INSURERS;

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