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Session Laws, 1997
Volume 795, Page 3789   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 656

(ii) 5 days after the Commissioner refuses to renew the [license]
CERTIFICATE OF QUALIFICATION and gives notice of the refusal to the [licensee]
HOLDER.

10-211.1.

(A)     ON OR BEFORE SEPTEMBER 30 OF THE RENEWAL YEAR, A PERSON WHOSE
INSURANCE ADVISER'S CERTIFICATE OF QUALIFICATION HAS EXPIRED MAY
REINSTATE THE EXPIRED CERTIFICATE OF QUALIFICATION BY:

(1)      FILING WITH THE COMMISSIONER THE APPROPRIATE
REINSTATEMENT APPLICATION;

(2)      PAYING TO THE COMMISSIONER THE APPLICABLE REINSTATEMENT
FEE REQUIRED UNDER SUBSECTION (B) OF THIS SECTION; AND

(3)      COMPLYING WITH THE BOND REQUIREMENT OF § 10-206 OF THIS
SUBTITLE.

(B)     (1) THE FEE FOR A REINSTATEMENT UNDER THIS SECTION SHALL BE
TWICE:

(I)      THE AMOUNT CHARGED FOR A FULL RENEWAL PERIOD FOR
THE TYPE OF CERTIFICATE OF QUALIFICATION HELD BY THE PERSON SEEKING THE
REINSTATEMENT; AND

(II)     1. $25 FOR REINSTATEMENT DURING THE PERIOD FROM
JULY 1 THROUGH JULY 31;

2. $50 FOR REINSTATEMENT DURING THE PERIOD FROM
AUGUST 1 THROUGH AUGUST 31; AND

3. $75 FOR REINSTATEMENT DURING THE PERIOD FROM
SEPTEMBER 1 THROUGH SEPTEMBER 30.

(2) 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.

(C)     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.

(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 AN INSURANCE ADVISER'S CERTIFICATE OF QUALIFICATION
UNDER § 10-205 OF THIS SUBTITLE AND MEET ANY OTHER REQUIREMENTS
SPECIFIED BY THE COMMISSIONER IN REGULATION.

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

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Session Laws, 1997
Volume 795, Page 3789   View pdf image
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