PARRIS N. GLENDENING, Governor                                 Ch. 656

DID NOT MAKE TIMELY RENEWAL BECAUSE OF TEMPORARY INCAPACITY,
HOSPITALIZATION, OR OTHER HARDSHIP.

(C)     (1) A PERSON WHOSE BROKER'S CERTIFICATE OF QUALIFICATION HAS
EXPIRED MAY NOT CONDUCT IS PROHIBITED FROM CONDUCTING ANY INSURANCE
BUSINESS UNTIL THE EFFECTIVE DATE OF REINSTATEMENT OF THE CERTIFICATE
OF QUALIFICATION.

(2) A PERSON WHOSE AGENT'S CERTIFICATE OF QUALIFICATION HAS
EXPIRED MAY NOT CONDUCT IS PROHIBITED FROM CONDUCTING ANY INSURANCE
BUSINESS UNLESS THE PERSON:

(I)       HAS OBTAINED A REINSTATEMENT OF THE CERTIFICATE OF
QUALIFICATION; AND

(II)     HAS OBTAINED AN APPOINTMENT FROM AT LEAST ONE
INSURER.

(D)     A PERSON WHO DOES NOT COMPLY WITH SUBSECTION (A) OF THIS
SECTION ON OR BEFORE THE END OF SEPTEMBER 30 OF THE YEAR OF EXPIRATION
SHALL APPLY FOR A CERTIFICATE OF QUALIFICATION UNDER § 10-112 OF THIS
SUBTITLE AND MEET THE REQUIREMENTS SPECIFIED BY THE COMMISSIONER IN
REGULATION.

(E)     THE COMMISSIONER MAY ADOPT REGULATIONS TO CARRY OUT THIS

SECTION.

10-126.

(a) [Subject to the hearing provisions of] AFTER NOTICE AND OPPORTUNITY
FOR A HEARING UNDER Title 2 of this article, the THE Commissioner may deny a
certificate of qualification to an applicant UNDER §§ 2-210 THROUGH 2-214 OF THIS
ARTICLE or suspend, revoke, or refuse to renew OR REINSTATE a certificate of
qualification AFTER NOTICE AND OPPORTUNITY FOR HEARING UNDER §§ 2-210
THROUGH 2-214 OF THIS ARTICLE if the applicant or holder of the certificate of
qualification:

(1)      has willfully violated this article or another law of the State that relates
to insurance;

(2)     has intentionally misrepresented or concealed a material fact in the
application for a certificate of qualification;

(3)     has obtained or attempted to obtain a certificate of qualification by
misrepresentation, concealment, or other fraud;

(4)     has misappropriated, converted, or unlawfully withheld money belonging
to an insurer, agent, broker, beneficiary, or insured;

(5)     has willfully and materially misrepresented the provisions of a policy;

(6)     has committed fraudulent or dishonest practices in the insurance
business;

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