Ch. 271

1996 LAWS OF MARYLAND

(i)] file [with the Commissioner written] notice of the appointment or
termination and the reasons for the termination IN THE MANNER SPECIFIED BY THE
COMMISSIONER.[; and

(ii)] (2) [pay to the Commissioner] EACH NOTICE OF
APPOINTMENT AND TERMINATION SHALL BE ACCOMPANIED BY the applicable fee
required by § 2-112 of this article.

[(2)] (3) A disclosure to the Commissioner relative to the termination and
date and cause of the termination is a privileged communication and may not be used as
evidence in a court proceeding other than an appeal from an action of the Commissioner.

[(3) The appointment and appointment fee provisions of this subsection do
not apply to agents with an appointment from an insurer on June 30, 1985.]

10-204.

(c) (1) Except as otherwise provided in this subsection, an applicant must pass
a personal written examination given by the Commissioner under this subtitle in order to
determine the trustworthiness and competency of the applicant to act as an adviser.

(2) (i) The examination requirement of paragraph (1) of this subsection
does not apply to an applicant who is a member in good standing of an actuarial
organization or professional society listed in subsection (d) of this section.

(ii) The Commissioner shall determine the trustworthiness of each
applicant for a license who is a member in good standing of an actuarial organization or
professional society listed in subsection (d) of this section.

[(3) The examination fee is $15.]

10-205.

An applicant for a license shall:

(1)     file with the Commissioner an application on the form that the
Commissioner provides; and

(2)     except for an applicant who is a member in good standing of an actuarial
organization listed in § 10-204(d) of this subtitle, pay to the Commissioner:

(i) the fee required by § 2-112 of this article, if the applicant is a
resident of this State; or

(ii) the fee that the state where the applicant resides charges a
resident of this State for a license to act as an adviser in that state, if the applicant is not
a resident of this State.

10-211.

(c) Before a license expires, the licensee periodically may renew it for an
additional 2-year term, if the licensee:

(1) otherwise is entitled to a license;

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