Ch. 685 1997 LAWS OF MARYLAND
PRODUCT OF THE TOTAL VALUATION FEES COLLECTED UNDER § 41(10), (11), (12), AND
(13) OF THIS ARTICLE FOR FISCAL YEAR 1997 MULTIPLIED BY THE RATE DETERMINED
UNDER SUBSECTION (C) OF THIS SECTION.
(C) THE RATE SHALL EQUAL THE FRACTION OBTAINED BY DIVIDING THE GROSS
DIRECT PREMIUM WRITTEN BY THE INSURER IN CALENDAR YEAR 1996 BY THE TOTAL
AMOUNT OF GROSS DIRECT PREMIUMS WRITTEN IN THIS STATE BY ALL INSURERS IN
CALENDAR YEAR 1996.
41.
(A) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.
(2) "INSURANCE PROFESSIONAL" MEANS AN AGENT, BROKER,
MANAGING GENERAL AGENT, SURPLUS LINES BROKER, PUBLIC ADJUSTER, OR
INSURANCE ADVISER WHO HAS A VALID CERTIFICATE OF QUALIFICATION.
(3) "CERTIFICATE OF QUALIFICATION" INCLUDES A LICENSE.
(B) (1) THE COMMISSIONER SHALL COLLECT THE FEES SET OUT IN THIS
SUBSECTION IN ADVANCE FROM THE PERSONS LISTED.
(2) INSURANCE PROFESSIONALS:
(I) ORIGINAL CERTIFICATE OF QUALIFICATION WITHIN 1 YEAR
OF RENEWAL...................................................................................................................$ 45.00 $ 35.00
(II) ORIGINAL CERTIFICATE OF QUALIFICATION OVER 1 YEAR
FROM RENEWAL..........................................................................................................................$70.00
(III) BIENNIAL RENEWAL OR CONTINUATION OF CERTIFICATE OF
QUALIFICATION..............................................................................................................$ 70.00 $ 65.00
(3) TEMPORARY CERTIFICATES OF QUALIFICATION:
(I) AGENTS...............................................................................................$45.00
(II) BROKERS............................................................................................$60.00
(4) SERVICE OF LEGAL PROCESS UNDER §§ 57 AND 197 OF THIS
ARTICLE..........................................................................................................................................$ 15.00
(5) COPIES OF DOCUMENTS ON FILE IN THE COMMISSIONER'S OFFICE
PER PAGE.........................................................................................................................................$ 0.25
41A.
(A) IN §§ 41A THROUGH 41G OF THIS SUBTITLE AND IN § 61 OF THIS ARTICLE
THE FOLLOWING WORDS HAVE THE MEANINGS INDICATED.
(B) "FUND" MEANS THE INSURANCE REGULATION FUND.
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