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Ch. 108
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Martin O'Malley, Governor
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(j) Money expended from the Fund for administering this
subtitle is supplemental to and is not intended to take the place of
funding that otherwise would be appropriated for administering
this subtitle.
SECTION 3. AND BE IT FURTHER ENACTED, That Section 2 of this Act shall
take effect on the taking effect of Chapter 3 (S.B. 6) of the Acts of the General
Assembly of 2007. If Section 2 of this Act takes effect, Section 1 of this Act shall be
abrogated and of no further force and effect.
SECTION 4. AND BE IT FURTHER ENACTED, That, subject to the provisions
of Section 3 of this Act, this Act shall take effect June 1, 2007.
Approved by the Governor, April 10, 2007.
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CHAPTER 109
(House Bill 1425)
AN ACT concerning
Insurance Producers - Use of Trade Name
FOR the purpose of defining the term "trade name" for purposes of the licensing laws
for insurance producers; prohibiting an insurance producer from using any
name other than the name in which a license is issued or a trade name when
engaging in certain activities, including the execution of certain documents;
requiring insurance producers to notify the Maryland Insurance Commissioner
of a change in trade name within a certain period of time; providing that failure
to notify the Commissioner of the change in trade name is a violation of certain
law; and generally relating to insurance producers.
BY repealing and reenacting, with amendments,
Article - Insurance
Section 10-101, 10-113, and 10-117
Annotated Code of Maryland
(2003 Replacement Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Insurance
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- 1007 -
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