(a) Without regard to the education, experience, or examination requirements of this subtitle, the Commissioner may issue a temporary license to act as an insurance producer to an individual if the individual:
(1) is otherwise qualified; and
(2) is:
(i) the surviving spouse, next of kin, personal representative, or appointee of the personal representative, of a deceased insurance producer;
(ii) the spouse, next of kin, employee, or legal guardian of a mentally or physically disabled insurance producer; or
(iii) an employee of a firm, or an officer or employee of a corporation, of a deceased or disabled insurance producer.
Temporary license required before person can act as temporary insurance producer
(b) Before a person acts as a temporary insurance producer in the State, the person must obtain:
(1) a temporary license in the kind or subdivision of insurance for which the person intends to act as an insurance producer; and
(2) if applicable, an appointment from an insurer.
Application and payment of fee
(c) An applicant for a temporary license shall:
(1) file with the Commissioner an application on the form that the Commissioner provides; and
(2) pay to the Commissioner the applicable fee required by § 2-112 of this article.
Issuance or refusal to issue temporary license
(d) Within 30 days after the date an application is received, the Commissioner shall:
(1) issue a temporary license to the applicant; or
(2) refuse in writing to issue a temporary license, stating the reasons for the refusal.
Expiration of temporary license
(e) A temporary license issued under subsection (a) of this section expires 15 months after its effective date.
Credits
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001; Acts 2004, c. 25, § 1, eff. April 13, 2004; Acts 2006, c. 83, § 1, eff. Oct. 1, 2006.
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.
