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31.03.01.00.htm 31.03.01.00. Title 31 MARYLAND INSURANCE ADMINISTRATION Subtitle 03 INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS Chapter 01 Temporary Licensees Authority: Insurance Article, §2-109, 10-115, 10-120, and 10-126, Annotated Code of Maryland
31.03.01.01.htm 31.03.01.01. 01 Individual Business Continuation Cases.. A. If a qualified and licensed resident insurance producer should die, become mentally or physically disabled, or enter upon active service in the armed forces of the United States of America, the Insurance Commissioner will give consideration to the issuance of temporary licenses to an individual who comes under one of the categories listed in Insurance Article, §10-120(a) Annotated Code of Maryland. Except in unusual ci
31.03.01.02.htm 31.03.01.02. 02 Repealed..
31.03.01.03.htm 31.03.01.03. 03 Revocation of Temporary Licenses.. A temporary license which has been issued under the provisions of the Insurance Article and this chapter may be revoked in accordance with provisions of the Insurance Article, §10-126, Annotated Code of Maryland.
31.03.01.04.htm 31.03.01.04. 04 Issuance of Temporary License.. A temporary license for a life or health insurance producer may not be issued to any applicant affiliated or to be affiliated with an appointing insurer if to do so would increase the appointing insurer's proportion of resident insurance producers temporarily licensed to resident insurance producers permanently licensed to 10 percent or more, based upon statistics for the previous calendar year.
31.03.01.05.htm 31.03.01.05. 05 Issuance of Appointments.. A. An insurer may not issue an appointment to act as a temporary life or health insurance producer if to do so would increase the proportion of resident insurance producers temporarily licensed by the insurer to resident insurance producers permanently licensed to 10 percent or more, based upon statistics for the previous calendar year.B. The Insurance Commissioner may, at the discretion of the Insurance Commissioner, allow an insurer
31.03.01.9999.htm 31.03.01.9999. Administrative History Effective date: April 1, 1964. Amended effective May 1, 1968. Regulation .02A amended effective September 5, 1988 (15:18 Md. R. 2146). Regulation .03 repealed effective September 5, 1988 (15:18 Md. R. 2146). Regulation .04 recodified to Regulation .03 effective September 5, 1988 (15:18 Md. R. 2146). Regulations .05 and .06 adopted effective May 5, 1986 (13:9 Md. R. 1027). Regulation .05 recodified to Regulation .04 and amended effective September
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