Home Table of Contents

§ 3-310. Certificate of qualification required to act as surplus lines broker

West's Annotated Code of MarylandInsuranceEffective: July 1, 2011

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 3. Kinds of Insurers
Subtitle 3. Surplus Lines Insurance (Refs & Annos)
Effective: July 1, 2011
MD Code, Insurance, § 3-310
§ 3-310. Certificate of qualification required to act as surplus lines broker
Currentness
In general
(a) Except as provided in subsection (b) of this section, a person must obtain a certificate of qualification to act as a surplus lines broker before the person acts as a surplus lines broker in the State.
Exceptions to certificate of qualification requirement
(b) A person is not required to obtain a certificate of qualification to act as a surplus lines broker in the State if:
(1) the State is not the home state of the insured; and
(2) the surplus lines broker has obtained a license or other authorization from the home state of the insured.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 656, § 5, eff. Oct. 1, 1997; Acts 2011, c. 520, § 1, eff. July 1, 2011; Acts 2011, c. 521, § 1, eff. July 1, 2011.
MD Code, Insurance, § 3-310, MD INSURANCE § 3-310
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.
End of Document