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Ch. 109
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Martin O'Malley, Governor
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(a) To change, add to, or delete from a license, the insurance producer shall
file with the Commissioner in the form that the Commissioner requires the change or
addition to or deletion from the license.
(b) (1) A licensee shall [inform] FILE WITH the Commissioner by any
means acceptable to the Commissioner [of] a change in legal name, TRADE NAME, or
address within 30 days of the change.
(2) If a licensee fails to timely [inform] FILE WITH the Commissioner
[of] a change in legal name, TRADE NAME, or address, the licensee is in violation of §
10-126(a)(l) of this subtitle.
SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 2007.
Approved by the Governor, April 10, 2007.
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CHAPTER 110
(House Bill 1432)
AN ACT concerning
Insurance - Analyses and Examination Reports - Use and Sharing of
Documents, Materials, and Information
FOR the purpose of authorizing the Maryland Insurance Commissioner to conduct a
certain analysis and examine the financial condition of certain entities under
certain circumstances; repealing certain provisions of law governing the
disclosure of certain information by the Commissioner; establishing that certain
documents, materials, and information in the control or possession of the
Commissioner is confidential and privileged, is not subject to certain record
keeping and disclosure requirements, and is not subject to subpoena or
discovery; establishing the circumstances under which the Commissioner may
use, share, and receive certain documents, materials, and information;
prohibiting the Commissioner and certain other persons from testifying in
certain legal actions concerning certain documents, materials, or information;
authorizing the Commissioner to enter into certain agreements; defining a
certain term; and generally relating to the conduct of analyses and
examinations by the Maryland Insurance Commissioner and the use, sharing,
and receipt of certain documents, materials, and information.
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- 1011 -
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