10-602.
(A) A MOTOR VEHICLE RENTAL COMPANY SHALL HOLD A LIMITED SPECIAL
RESTRICTED CERTIFICATE OF QUALIFICATION BEFORE THE COMPANY OR ITS
EMPLOYEES MAY SELL OR OFFER ANY POLICIES OF INSURANCE IN THIS STATE TO A
RENTER IN CONNECTION WITH AND INCIDENTAL TO A RENTAL AGREEMENT.
(B) A LIMITED SPECIAL RESTRICTED CERTIFICATE OF QUALIFICATION
ISSUED UNDER THIS SUBTITLE SHALL ALSO AUTHORIZE ANY SALARIED OR HOURLY
EMPLOYEE OF THE MOTOR VEHICLE RENTAL COMPANY WHO IS TRAINED, UNDER §
10-604(A)(4) OF THIS SUBTITLE, TO ACT ON BEHALF OF, AND UNDER THE
SUPERVISION OF, A MOTOR VEHICLE RENTAL COMPANY, WITH RESPECT TO THE
KINDS OF INSURANCE SPECIFIED IN § 10-604(B)(2) OF THIS SUBTITLE.
(C) THE ACTS OF AN EMPLOYEE OFFERING OR SELLING INSURANCE
COVERAGE ON BEHALF OF A MOTOR VEHICLE RENTAL COMPANY SHALL BE DEEMED
THE ACTS OF THE MOTOR VEHICLE RENTAL COMPANY FOR THE PURPOSES OF THIS
SUBTITLE.
(D) A MOTOR VEHICLE RENTAL COMPANY HOLDING A LIMITED SPECIAL
RESTRICTED CERTIFICATE OF QUALIFICATION ISSUED UNDER THIS SUBTITLE IS
NOT REQUIRED TO TREAT PREMIUMS COLLECTED FROM A RENTER THAT
PURCHASED INSURANCE FROM THE MOTOR VEHICLE RENTAL COMPANY AS FUNDS
RECEIVED IN A FIDUCIARY CAPACITY IF:
(1) THE INSURER REPRESENTED BY THE MOTOR VEHICLE RENTAL
COMPANY HAS CONSENTED IN A WRITTEN AGREEMENT, SIGNED BY THE INSURER'S
CHIEF ADMINISTRATIVE OFFICER AN OFFICER OF THE INSURER, THAT THE
PREMIUMS DO NOT NEED TO BE SEGREGATED FROM OTHER FUNDS RECEIVED BY
THE MOTOR VEHICLE RENTAL COMPANY IN CONNECTION WITH THE VEHICLE
RENTAL; AND
(2) THE CHARGES FOR INSURANCE COVERAGE ARE ITEMIZED BUT NOT
BILLED TO THE RENTER SEPARATELY FROM THE CHARGES FOR THE VEHICLE
RENTAL.
10-603.
(A) THE COMMISSIONER SHALL ISSUE TO A MOTOR VEHICLE RENTAL
COMPANY, OR A FRANCHISEE OF A MOTOR VEHICLE RENTAL COMPANY, A LIMITED
SPECIAL RESTRICTED CERTIFICATE OF QUALIFICATION AUTHORIZING THE MOTOR
VEHICLE RENTAL COMPANY TO OFFER OR SELL INSURANCE IN CONNECTION WITH,
AND INCIDENTAL TO. THE RENTAL OF A VEHICLE IF THE MOTOR VEHICLE RENTAL
COMPANY:
(1) MEETS THE REQUIREMENTS OF § 10-604 OF THIS SUBTITLE;
(2) PAYS THE FEES FOR AGENTS REQUIRED UNDER §§ 2-104(J) AND §
2-112 OF THIS ARTICLE THAT ARE APPLICABLE TO A CERTIFICATE OF
QUALIFICATION; AND
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