PARRIS N. GLENDENING, Governor

Ch. 239

(2) an appointment for the kind or subdivision of insurance for which it
intends to act as agent.

10-112.

(d) In addition to any other information required on the application, an applicant
that is a [partnership] LIMITED LIABILITY COMPANY, PARTNERSHIP, or corporation
must provide the name and address of each agent or broker employed by the LIMITED
LIABILITY COMPANY, [ partnership or corporation] PARTNERSHIP, OR CORPORATION,
EACH INDIVIDUAL WHO HAS DIRECT CONTROL OVER ITS FISCAL MANAGEMENT.
and each owner. MEMBER. OR MANAGER of the LIMITED LIABILITY COMPANY,
[ partnership] PARTNERSHIP, or corporation.                                               

10-114.

Agents or brokers may conduct insurance business as a LIMITED LIABILITY
COMPANY, [ partnership] PARTNERSHIP, or corporation if each individual who solicits,
negotiates, or accepts insurance business from the public holds a certificate of
qualification in the kind or subdivision of insurance for which the individual acts as agent
or broker and, if applicable, an appointment from an insurer.

10-121.

(c)     (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 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 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.

(d)     (1) When the application of a partnership for a certificate of qualification as
a title insurance agent or title insurance broker 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 as
a title insurance agent or title insurance broker is submitted, the Commissioner shall
investigate the character of EACH CONTROLLING OWNER 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

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