PARRIS N. GLENDENING, Governor                             Ch. 369

10-208.

[(a) A nonresident licensee may not act as an adviser for life insurance and health
insurance.

(b)] A license does not authorize the licensee to:

(1)     adjust losses; or

(2)     receive compensation from an insurer, broker, or agent for the sale or
placement of insurance.

[10-209.

(a)     (1) The Commissioner may issue a limited license that restricts the authority
of the licensee to the extent agreed on with the licensee.

(2) Each limitation shall be stated in the license.

(b)     The issuance of limited licenses is governed by the provisions relating to
advisers under this subtitle.]

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;

(2)     files with the Commissioner a renewal application on the form that the
Commissioner provides;

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

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

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

(4)     is in compliance with the bond requirement of § 10-206 of this subtitle;
and

(5)     if the Commissioner determines that an examination is advisable to
determine the trustworthiness or competence of a licensee, passes an examination given
by the Commissioner.

10-404.

(a)     To qualify for a license, an applicant must be [a person that] AN
INDIVIDUAL WHO meets the requirements of this section.

(b)     An applicant must be trustworthy and competent to transact business as a
public adjuster so as to safeguard the interests of the public.

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