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§ 10-405. License application

West's Annotated Code of MarylandInsuranceEffective: January 1, 2018

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 10. Regulation of Insurance Professions
Subtitle 4. Public Adjusters (Refs & Annos)
Effective: January 1, 2018
MD Code, Insurance, § 10-405
§ 10-405. License application
In general
(a) An applicant for an initial license shall file with the Commissioner an application on the form that the Commissioner provides.
Contents of application form
(b) The application form shall require:
(1) the name and address of the applicant;
(2) whether any other insurance license or certificate has been issued to the applicant;
(3) for a business entity applicant:
(i) the name of the individual licensed public adjuster employed by the business entity who is designated to act as the business entity's principal contact with the Administration; and
(ii) the name and address of each licensed public adjuster employed by the business entity, each individual who has direct control over its fiscal management, each owner, partner, member, or manager of the business entity, and each director of a business entity that is a corporation; and
(4) any other information that the Commissioner requires of applicants to enable the Commissioner to determine the trustworthiness and competence of the applicant to transact business as a public adjuster so as to safeguard the interests of the public.
Signature and oath
(c) An application shall be signed under oath:
(1) in the case of an individual applicant, by the applicant; or
(2) in the case of an applicant that is a business entity, by an individual who has direct control over its fiscal management, an owner, partner, member, or manager of the business entity, or a director of a business entity that is a corporation.

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. 369, § 2, eff. Oct. 1, 1997; Acts 2004, c. 290, § 1, eff. July 1, 2004; Acts 2004, c. 291, § 1, eff. July 1, 2004; Acts 2017, c. 106, § 1, eff. Jan. 1, 2018.
Formerly Art. 48A, § 181.
MD Code, Insurance, § 10-405, MD INSURANCE § 10-405
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document