FOR the purpose of authorizing the Insurance Commissioner to require the use of
certain uniform forms for licensing nonresident agents and nonresident brokers
under certain circumstances; requiring certain nonresident agents and
nonresident brokers to complete certain continuing education requirements
under certain circumstances; clarifying that certain nonresident agents and
brokers need not comply with certain education and experience requirements
under certain circumstances; and generally relating to continuing education and
the use of uniform forms for licensing nonresident agents and nonresident
brokers.

BY repealing and reenacting, with amendments,
Article - Insurance
Section 10-116 and 10-119
Annotated Code of Maryland
(1997 Volume and 1998 Supplement)

BY adding to

Article - Insurance

Section 10-119.1

Annotated Code of Maryland

(1997 Volume and 1998 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Insurance

10-116.

(a) (1) Subject to [subsection (b)] SUBSECTIONS (B) AND (C) 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:

(i) proof that the agent or broker has completed at least 16 hours of
continuing education for the applicable renewal period; or