PARRIS N. GLENDENING, Governor

Ch. 370

Article 48A - Insurance Code

177.

Individual applicants for certificate of qualification as to kinds of insurance other
than life and health insurance and annuities shall be required to comply with the
requirements of this section, as follows:

(1)     (i) The applicant must successfully complete a program of studies,
offered by schools[,] OR insurance company schools[, or correspondence schools],
which program of studies has been established or approved by the Commissioner, to the
end that the applicant shall be reasonably familiar with the specific kind or kinds of
insurance or subdivisions of them, for which he desires to be qualified; or

(ii) He must have been regularly employed as an employee of the
[insurance division] MARYLAND INSURANCE ADMINISTRATION, or by an insurer or an
agent or broker, for a period or periods aggregating not less than one year during the
three years next preceding the date of application in responsible insurance duties in
connection with the specific kind or kinds of insurance or subdivisions of them for which
he desires to be qualified, and, in such case, such applicant shall submit with his
application the affidavit of such employer or employers stating facts which show
compliance with this requirement; or

(iii) He must have been regularly employed by an insurer or an agent or
a broker for a period or periods aggregating not less than one year during the three years
next preceding the date of entrance into the service of the armed forces of the United
States or immediately following his discharge therefrom in connection with the specific
kind or kinds of insurance or subdivisions of them for which he desires to be qualified,
and in such case the application for the license shall be filed within one year from the
date of discharge, with the affidavit of such employer or. employers stating facts which
show compliance with this requirement.

(2)     (I) The Commissioner shall require [such] AN applicant to
satisfactorily pass a written examination relating to the specific kind or kinds of insurance
or subdivisions of them for which he desires to receive a certificate for the purpose of
determining his competence with regard thereto. [Such examination shall be given by the
Commissioner at least once every 30 days at such times and places as the Commissioner
may determine. The applicant shall pay to the Commissioner a fee of $15 for each
examination. An applicant failing to attain a passing grade after 3 trials shall be required
to wait 3 months from the date of his last previous trial before applying again, and failing
to pass after 6 times, shall be required to wait 1 year from the date of his last previous
trial before applying again. Any person who has taken and failed to pass an examination
is not entitled to take any further examination until 14 days after the date of the last
examination which that person failed.]

(II) THE COMMISSIONER SHALL ADOPT REASONABLE
REGULATIONS THAT SPECIFY:

1. THE SCOPE, TYPE, CONDUCT, AND GRADING OF THE
WRITTEN EXAMINATIONS;

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