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Session Laws, 1999
Volume 796, Page 2288   View pdf image
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[(c)] (D) The Commissioner shall review all continuing education courses
submitted and approve or disapprove courses after receiving the recommendation of
the appropriate advisory board appointed under § 10-110 of this subtitle.

[(d)] (E) The Commissioner may adopt regulations to carry out this section.
10-119.

(a) For purposes of this section, a person that does not reside in this State is
deemed a resident of this State, if:

(1) the person maintains a place of business in this State; and

(2) the law of the state or the province of Canada where the person
resides deems a person that has a place of business in that state or province to be a
resident of that state or province for the purpose of licensing the person as an agent or
broker.

(b) (1) Subject to paragraph (2) of this subsection, a person that is not a
resident of this State may obtain a certificate of qualification to act as an agent or
broker on compliance with the applicable provisions of this subtitle if the state or the
province of Canada in which the person resides grants the same privilege to a
resident of this State.

(2) The person need not comply with the education and experience
requirements of §§ 10-104(c) AND 10-105(C) of this subtitle. 

(c) (1) A nonresident agent or broker certified in another state or a province
of Canada must obtain a certificate of qualification and appointment, if applicable, to
transact business in this State.

(2) After obtaining a certificate of qualification and appointment, if
applicable, the nonresident agent or broker may negotiate any insurance contract on
subjects of insurance resident, located, or to be performed in this State to the same
extent, on the same terms, and on payment of the same fees as required by the other
state or province of Canada from residents of this State transacting like business in
the other state or province.

(d) The Commissioner may enter into reciprocal agreements with the
appropriate official of another state or a province of Canada to waive the written
examination for an applicant who resides in the other state or province if:

(1) a written examination is required of applicants for a license or
certificate in the other state or province;

(2) the appropriate official of the other state or province certifies that the

applicant:

(i) holds a currently valid license or certificate to act as an agent or
broker in the other state or province; and

(ii)  passed the written examination or held a license or certificate
before a written examination was required; and

 

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Session Laws, 1999
Volume 796, Page 2288   View pdf image
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