PARRIS N. GLENDENING, Governor

Ch. 206

requirements applicable to title insurance agents and title insurance brokers under
the State insurance laws; clarifying a certain definition; repealing a certain
requirement that a director of a corporation must hold a title insurance certificate
of qualification; altering the type of surety bond that an applicant for a title
insurance certificate of qualification shall file with the Insurance Commissioner;
altering the time period within which a title insurer shall have on file a certain
financial statement; construing the satisfaction of a certain filing requirement for
certain individuals under certain circumstances; altering the on-site review
requirement for a title insurer; altering a certain notification requirement for title
insurance agents or brokers under certain circumstances; altering the authority of
the Commissioner regarding the status of a certificate of qualification of a
corporation or partnership; altering the reasons for which the Commissioner may
alter the status of a certificate of qualification under certain circumstances:
clarifying restrictions applicable to a certain certificate of qualification; providing
for the future codification of certain provisions of this Act; and generally relating to
title insurance.

BY repealing and reenacting, with amendments,
Article 48A - Insurance Code

Section 168(e)(2), 168A(a), (e)(2), (g)(1), (m)(l) and (2)(i), and (n)(1), and 175(b)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)

BY repealing

Article 48A - Insurance Code

Section 168A(c)

Annotated Code of Maryland

(1994 Replacement Volume and 1995 Supplement)

BY repealing and reenacting, with amendments,
Article - Insurance
Section 10-101(c) and,. 10-112(d), 10-121(c)(2), (e)(1), (k)(1) and (2)(i), and (l)(1),

10-125(b), and 10-126(b)
Annotated Code of Maryland
(1995 Volume)
(As enacted by Chapters 36 and 635 of the Acts of the General Assembly of 1995)

BY repealing

Article - Insurance

Section 10-121(a)

Annotated Code of Maryland

(1995 Volume)

(As enacted by Chapters 36 and 635 of the Acts of the General Assembly of 1995)

BY renumbering

Article 48A - Insurance Code

- 1641 -