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§ 10-108. Examinations--Insurance other than life and health insurance and annuities

West's Annotated Code of MarylandInsuranceEffective: April 5, 2018

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 10. Regulation of Insurance Professions
Subtitle 1. Insurance Producers (Refs & Annos)
Effective: April 5, 2018
MD Code, Insurance, § 10-108
§ 10-108. Examinations--Insurance other than life and health insurance and annuities
Currentness
Application of section
(a) An individual applicant who otherwise qualifies for a license for insurance other than life insurance, health insurance, or annuities is entitled to be examined as provided in this section.
Written examination to determine competence of individual applicant
(b) To determine the competence of an individual applicant as to the kind or subdivision of insurance for which the applicant wants to become licensed, the applicant shall pass a written examination that relates to that kind or subdivision of insurance.
Regulations relating to written examinations
(c) The Commissioner shall adopt reasonable regulations that specify:
(1) the scope, type, conduct, and grading of the written examinations;
(2) the frequency, times, and locations within the State where the written examinations will be held; and
(3) the educational requirements for an individual applicant to be eligible to take a written examination.
Qualifications of individual applicants
(d) Before taking a written examination, an individual applicant shall:
(1)(i) demonstrate to the Commissioner that the applicant has completed the educational requirements set out by the Commissioner; or
(ii) submit to the Commissioner at the time of the examination an affidavit from the employer of the applicant stating facts that show compliance with the applicable requirements of § 10-104(h)(2) or (3) of this subtitle, if the applicant qualifies by meeting the experience requirements of § 10-104(h)(2) or (3) of this subtitle; and
(2) pay the application fee required under § 2-112(a)(6)(vi) of this article.
Deadline for grading examination
(e) All written examinations shall be graded within 30 days following the date of the examination.
Failed examinations
(f) An individual applicant who fails an examination may not take another examination until at least 4 days after the date of the last examination that the applicant failed.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1996, c. 271, § 2, eff. Oct. 1, 1997; Acts 1996, c. 370, § 2, eff. Oct. 1, 1997; Acts 1997, c. 656, § 5, eff. Oct. 1, 1997; Acts 2001, c. 731, § 1, eff. July 2, 2001; Acts 2003, c. 21, § 6, eff. April 8, 2003; Acts 2013, c. 43, § 5; Acts 2015, c. 22, § 5; Acts 2017, c. 505, § 1, eff. Oct. 1, 2017; Acts 2018, c. 12, § 1, eff. April 5, 2018.
Formerly Art. 48A, § 177.
MD Code, Insurance, § 10-108, MD INSURANCE § 10-108
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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