PARRIS N. GLENDENING, Governor                             Ch. 656

INDIVIDUAL HOLDING AN AGENT'S CERTIFICATE OF QUALIFICATION, A BROKER'S
CERTIFICATE OF QUALIFICATION, OR BOTH to receive:

[ 1.] (I) [ If the agent or broker has been licensed for less than 25
consecutive years, more] MORE than 16 [clock] hours of continuing education per
[license] renewal PERIOD IF THE AGENT OR BROKER HAS HELD A CERTIFICATE OF
QUALIFICATION FOR LESS THAN 25 CONSECUTIVE YEARS; and

[2.] (II) [If the agent or broker has been licensed for 25 or more
consecutive years, more] MORE than 8 [clock] hours of continuing education per
[license] renewal PERIOD IF THE AGENT OR BROKER HAS HELD A CERTIFICATE OF
QUALIFICATION FOR 25 OR MORE CONSECUTIVE YEARS.

                  [(ii) The continuing education shall promote the education level of

agents and brokers in lines or specialties appropriate to the certificate category.

waiver when:

(iii) If continuing education is required, the Commissioner may grant a

1.       The agent or broker has a limited license;

2.   . The agent or broker is a retiree; or

3.       The Commissioner determines that other circumstances
warrant the waiver.

(iv) An agent or broker may satisfy the requirements of subparagraph
(i)2 of this paragraph by submitting to the Commissioner:

1.       Proof that the agent or broker has completed 8 clock hours of
continuing education for the applicable license renewal period; and

2.       An affidavit that, over the previous 25 consecutive years, the
agent or broker has been:

A.      Continually licensed as an agent or broker in this State; and

B.      Continually employed in the selling of insurance in this State.

(3) The Commissioner shall adopt such regulations as are necessary for the
implementation of this subsection. The Commissioner may approve as continuing
education, courses offered by an insurer or an agent's or broker's employer or an agent's
or broker's association.]

(3) SUBJECT TO PARAGRAPH (4) OF THIS SUBSECTION, AN AGENT OR
BROKER MAY SATISFY THE CONTINUING EDUCATION REQUIREMENTS OF THIS
SUBSECTION BY SUBMITTING TO THE COMMISSIONER OR HIS DESIGNEE:

(I) PROOF THAT THE AGENT OR BROKER HAS COMPLETED AT
LEAST 16 HOURS OF CONTINUING EDUCATION FOR THE APPLICABLE' RENEWAL
PERIOD; OR

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