PARRIS N. GLENDENING, Governor                              Ch. 656

(C) THE FEE FOR A REINSTATEMENT UNDER THIS SECTION SHALL BE TWICE
THE AMOUNT CHARGED FOR A FULL RENEWAL PERIOD FOR THE TYPE OF
CERTIFICATE OF QUALIFICATION HELD BY THE PERSON SEEKING THE
REINSTATEMENT.

(D)    A PERSON WHOSE INSURANCE ADVISER'S CERTIFICATE OF
QUALIFICATION HAS EXPIRED MAY NOT ACT IS PROHIBITED FROM ACTING AS AN
INSURANCE ADVISER UNTIL THE EFFECTIVE DATE OF REINSTATEMENT OF THE
CERTIFICATE OF QUALIFICATION.

(E)     A PERSON WHO DOES NOT COMPLY WITH SUBSECTION (B) OF THIS
SECTION ON OR BEFORE THE END OF SEPTEMBER 30 OF THE YEAR OF EXPIRATION
SHALL APPLY FOR AN INSURANCE ADVISER'S CERTIFICATE OF QUALIFICATION
UNDER § 182 OF THIS ARTICLE AND MEET ANY OTHER REQUIREMENTS SPECIFIED
BY THE COMMISSIONER IN REGULATION.

(F)     THE COMMISSIONER MAY LIMIT THE REINSTATEMENT FEE TO THE
AMOUNT OF THE RENEWAL FEE IN CASES WHERE THE REINSTATEMENT APPLICANT
DID NOT MAKE TIMELY RENEWAL BECAUSE OF TEMPORARY INCAPACITY.
HOSPITALIZATION. OR OTHER HARDSHIP.

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

188.

Any person who is qualified to be a broker as to properly [, casualty and surety
insurances] AND CASUALTY INSURANCE, and who is deemed by the Commissioner to
be competent and trustworthy, may be qualified as a surplus line broker as follows:

(1) Application to the Commissioner for the certificate of qualification shall
be on forms furnished by the Commissioner.

(2)     The fee shall be as prescribed by § 41 of this article.

(3)     Each certificate of qualification shall be issued for a term expiring [on]
AT THE END OF EVERY OTHER June 30 (of the next odd-numbered year] following the
date of issuance and may be renewed biennially thereafter.

(4)     Before the issuance of the certificate of qualification or any renewal OR
REINSTATEMENT thereof, the applicant shall file with the Commissioner, a bond, to be
approved by the Commissioner and made payable to the State of Maryland, executed by
such applicant as principal and by a corporate surety authorized to do business in this
State, in the penal sum of $10,000, conditioned that the broker will conduct the business
in accordance with the provisions of this article and that he will remit promptly the taxes
provided for in § 194. The aggregate liability of the surety for any and all claims on any
such bond shall in no event exceed the penal sum thereof. No such bond shall be
terminated unless prior to such termination 30 days' written notice is filed with the
Commissioner.

188.1.

(A) IF AN APPLICATION FOR RENEWAL OF A SURPLUS LINES BROKER'S

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