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Session Laws, 1997
Volume 795, Page 3762   View pdf image
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Ch. 656                                    1997 LAWS OF MARYLAND

(III) THE COMMISSIONER MAY STAGGER THE TERMS OF MEMBERS
OF EACH ADVISORY BOARD UNDER THIS SUBSECTION.

(4) ADVISORY BOARD MEMBERS SHALL SERVE WITHOUT PAY BUT THE
COMMISSIONER MAY AUTHORIZE REIMBURSEMENT FOR REASONABLE EXPENSES
INCURRED BY MEMBERS FOR ATTENDING MEETINGS OF THE ADVISORY BOARD.

(G) THE COMMISSIONER MAY ADOPT REGULATIONS TO CARRY OUT THIS
SECTION.

[179.

(a)     With respect to the education, qualifications and examinations of agents and
brokers as to kinds of insurance other than life and health, the Commissioner shall
appoint an advisory board of seven (7) persons, consisting of three (3) representatives of
insurers, at least one of which shall be from a stock insurer and at least one of which shall
be from a mutual insurer, with full regard for representation of insurers engaged in the
writing of specialized kinds of insurance, three (3) insurance agents or brokers, at least
one (1) of which shall be an agent for a stock insurer and at least one (1) of which shall
be an agent for a mutual insurer and one (1) representative of the State Department of
Education. The six (6) industry representatives shall be appointed to serve terms of three
(3) years each.

(b)     With respect to the education, qualifications and examinations of agents,
brokers and solicitors as to life and health insurance the Commissioner shall appoint an
advisory board of eight (8) persons. This advisory board shall consist of individuals
experienced in the life and health insurance business, and may include agents, officers
and employees of insurers, and brokers. Members shall be appointed for terms of four
years, except that any person appointed to fill a vacancy shall serve only for the unexpired
term. Any member of the advisory board shall be eligible for reappointment.

(c)     The present advisory boards are continued and appointments of members
made prior to December 31, 1963, shall continue in effect.

(d)    The members of the advisory boards shall serve without pay but, upon
authorization of the Commissioner, shall be reimbursed for their reasonable expenses in
attending meetings of the advisory board.]

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article 48A - Insurance Code

[170.1.

As part of the continuing education requirements under this title, the Commissioner
shall require agents and brokers that sell or issue long-term care insurance to receive
continuing education directly relating to long-term care insurance before an agent can
offer long-term care insurance for sale.]

- 3762 -

 

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Session Laws, 1997
Volume 795, Page 3762   View pdf image
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