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§ 10-807. Employees or authorized representatives acting on behalf of self-service storage prod...

West's Annotated Code of MarylandInsuranceEffective: July 1, 2014

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 10. Regulation of Insurance Professions
Subtitle 8. Self-Service Storage Producers (Refs & Annos)
Effective: July 1, 2014
MD Code, Insurance, § 10-807
§ 10-807. Employees or authorized representatives acting on behalf of self-service storage producers
Currentness
In general
(a) An employee or authorized representative of a self-service storage producer may act on behalf of and under the supervision of the self-service storage producer in matters relating to the conduct of business under a limited lines license issued under this subtitle if the employee or authorized representative receives the training under § 10-808 of this subtitle.
Acts within scope of employment
(b) The conduct of an employee or authorized representative of a self-service storage producer acting within the scope of employment or agency is considered to be the conduct of the self-service storage producer for purposes of this subtitle.
Responsibility for acts of employees or authorized representatives
(c) The designated responsible producer:
(1) is responsible for the acts of the employees or authorized representatives of the owner who offer or sell limited lines insurance, as authorized under this subtitle, on behalf of the owner;
(2) shall use reasonable means to ensure compliance by the employees or authorized representatives with this subtitle;
(3) shall maintain a register, on a form the Commissioner requires, of each employee or authorized representative of the owner who offers limited lines insurance on behalf of the owner; and
(4) shall submit the register for inspection by the Commissioner within 30 days after receiving a request by the Commissioner for inspection.

Credits

Added by Acts 2014, c. 174, § 1, eff. July 1, 2014.
MD Code, Insurance, § 10-807, MD INSURANCE § 10-807
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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