Md. Code Ann., Ins. § 10-404
License qualifications
Effective Jan 1, 2017Added 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 2016, c. 155, § 1, eff. Jan. 1, 2017.State of Maryland
(a) To qualify for a license, an applicant must be:
- (1) an individual who meets the requirements of subsection (b) of this section; or
- (2) a business entity that meets the requirements of subsection (c) of this section.
(b)
- (1) An individual applicant must be trustworthy and competent to transact business as a public adjuster so as to safeguard the interests of the public.
(2) Except as otherwise provided in this subsection, an individual applicant shall:
- (i) pass a written examination given by the Commissioner under this subtitle in order to determine the competency of the applicant to act as a public adjuster; and
- (ii) pay the license fee required by § 2-112 of this article.
- (3) The examination requirement of paragraph (2) of this subsection does not apply to an individual who was licensed as a public adjuster in the State on June 30, 1985.
- (4) An individual applicant who fails an examination may not take another examination until at least 14 days after the date of the last examination that the applicant failed.
(c) A business entity applicant must:
- (1) be trustworthy and competent to transact business as a public adjuster so as to safeguard the interests of the public;
- (2) employ one or more individual licensed public adjusters; and
- (3) pay the applicable license fee required by § 2-112 of this article.
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 2016, c. 155, § 1, eff. Jan. 1, 2017.
Formerly Art. 48A, § 181.