PARRIS N. GLENDENING, Governor

Ch. 239

MANAGEMENT, and each [owner] OWNER, OR MEMBER, OR MANAGER of the
LIMITED LIABILITY COMPANY, corporation or partnership.

(3) Agents or brokers may conduct insurance business affairs as a LIMITED
LIABILITY COMPANY, [partnership] PARTNERSHIP, or a corporation provided that
every individual who solicits, negotiates, or accepts insurance business from the public
shall possess a certificate of qualification in the kind or subdivision of insurance for which
the LIMITED LIABILITY COMPANY, [partnership] PARTNERSHIP, or corporation
intends to act as an agent or broker and an appointment for the kind or subdivision of
insurance for which it intends to act as agent.

168A.

(e)     (1) If an applicant for a certificate of qualification is a partnership, each
partner must hold a certificate of qualification to act as a title insurance agent or title
insurance broker and, if applicable, an appointment with a title insurer.

(2)     If an applicant for a certificate of qualification is a corporation, THE
EACH CONTROLLING OWNER AS DEFINED IN § 492(C) OF THIS ARTICLE AND each
officer and director must hold a certificate of qualification to act as a title insurance agent
or title insurance broker and, if applicable, an appointment with a title insurer.

(3)     IF AN APPLICANT FOR A CERTIFICATE OF QUALIFICATION IS A
LIMITED LIABILITY COMPANY, EACH INDIVIDUAL WHO HAS DIRECT CONTROL OVER
ITS FISCAL MANAGEMENT AND EACH MEMBER, MANAGER, OFFICER, AND
DIRECTOR MANAGER AND OFFICER MUST HOLD A CERTIFICATE OF QUALIFICATION
TO ACT AS A TITLE INSURANCE AGENT OR TITLE INSURANCE BROKER AND, IF
APPLICABLE, AN APPOINTMENT WITH A TITLE INSURER.

(f)      (1) When the application of a partnership for a certificate of qualification is
submitted, the Commissioner shall investigate the character of each partner of the
partnership applicant.

(2)     When the application of a corporation for a certificate of qualification is
submitted, the Commissioner shall investigate the character of each CONTROLLING
OWNER AS DEFINED IN § 429(C) § 492(C) OF THIS ARTICLE AND EACH officer and
director of the corporate applicant.

(3)     WHEN THE APPLICATION OF A LIMITED LIABILITY COMPANY FOR A
CERTIFICATE OF QUALIFICATION IS SUBMITTED, THE COMMISSIONER SHALL
INVESTIGATE THE CHARACTER OF EACH INDIVIDUAL WHO HAS DIRECT CONTROL
OVER ITS FISCAL MANAGEMENT AND EACH MEMBER AND EACH OFFICER,
MANAGER, OFFICER, AND DIRECTOR OF THE LIMITED LIABILITY COMPANY
APPLICANT.

(g)     (1) In addition to meeting any of the applicable requirements for obtaining
a certificate of qualification under § 168(e) of this article, a sole proprietor, A LIMITED
LIABILITY COMPANY, a corporate, or partnership applicant for a certificate of
qualification as a title insurance agent or a title insurance broker shall file with the
Commissioner:

(i) A blanket fidelity bond covering appropriate employees; and
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