Ch. 656 1997 LAWS OF MARYLAND
(2) If the holder of a certificate of qualification COMPLETES THE
CONTINUING EDUCATION REQUIREMENTS ESTABLISHED UNDER § 10-116 OF THIS
SUBTITLE AND pays the applicable renewal fee before the certificate of qualification
expires, the certificate of qualification remains in effect until the Commissioner renews
[or refuses to renew for cause] the certificate of qualification.
[(e) (1) The Commissioner may not renew the certificate of qualification of an
agent if, for 2 years before the date of renewal, the agent has not had any appointments
from insurers doing business in the State.
(2) If the certificate of qualification' of an agent is not renewed under
paragraph (1) of this subsection, the Commissioner may require the individual to pass an
examination to determine the competency of the individual.]
[(f)] (E) (F) The Commissioner may adopt regulations to:
(1) CARRY OUT THIS SECTION; AND
(2) [carry] CARRY out DEVELOP a staggered system of renewals for
certificates of qualification of agents and brokers.
[10-116.
As part of the continuing education requirements under this subtitle, the
Commissioner shall require agents and brokers that sell or issue long-term care insurance
to receive continuing education that directly relates to long-term care insurance before
the agent or broker may offer long-term care insurance for sale.]
10-116.
(A) (1) SUBJECT TO SUBSECTION (B) OF THIS SECTION, THE COMMISSIONER
SHALL REQUIRE AN AGENT OR BROKER TO RECEIVE CONTINUING EDUCATION AS A
CONDITION OF RENEWING THE CERTIFICATE OF QUALIFICATION OF THE AGENT OR
BROKER.
(2) THE COMMISSIONER MAY NOT REQUIRE AN INDIVIDUAL WHO
HOLDS AN AGENT'S CERTIFICATE OF QUALIFICATION, A BROKER'S CERTIFICATE OF
QUALIFICATION, OR BOTH TO RECEIVE MORE THAN:
(I) 16 HOURS OF CONTINUING EDUCATION PER RENEWAL PERIOD,
IF THE AGENT OR BROKER HAS HELD A CERTIFICATE OF QUALIFICATION FOR LESS
THAN 25 CONSECUTIVE YEARS; AND
(II) 8 HOURS OF CONTINUING EDUCATION PER RENEWAL PERIOD,
IF THE AGENT OR BROKER HAS HELD A CERTIFICATE OF QUALIFICATION FOR 25 OR
MORE CONSECUTIVE YEARS.
(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 COMMISSIONER'S
DESIGNEE:
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