Ch. 206                                    1996 LAWS OF MARYLAND

Section 168A(d) through (o), respectively                                             

to be Section 168A(c) through (n), respectively

Annotated Code of Maryland

(1994 Replacement Volume and 1995 Supplement)

BY renumbering

Article - Insurance                                                                                   

Section 10-121(b) through (1), respectively

to be Section 10-121(a) through (k), respectively

Annotated Code of Maryland

(1995 Volume)

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

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF

MARYLAND, That the Laws of Maryland read as follows:

Article 48A - Insurance Code

168.

(e) (2) To obtain a certificate of qualification, a partnership or corporation
must:                                                                                                                 

(i) Be primarily engaged in the insurance business:

(ii) File the appropriate form as adopted by the Commissioner;

(iii) Pay the fee set forth in § 41 of this article: and

(iv) In addition to any other information required on the application,
provide the name and address of each insurance agent or broker employed by the
corporation or partnership and each owner OR DIRECTOR of the corporation or
partnership.

168A.                                                                       

(a) (1) In this section, "title insurance agent" or "title insurance broker" means
a person who, for compensation, in any manner solicits, procures, or negotiates title
insurance contracts.

(2)     "Title insurance agent" or "title insurance broker" includes a person
who provides escrow, closing, or settlement services which may result in the issuance of a
title insurance contract.

(3)     "Title insurance agent" or "title insurance broker" does not include:

(i) Individuals employed and used by title insurance agents or title
insurance brokers for the performance of clerical, stenographic, and similar office duties;
[or]

- 1642 -