Md. Code Ann., Ins. § 3-310
Certificate of qualification required to act as surplus lines broker
Effective Jul 1, 2011Added 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.State of Maryland
- (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.
(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.
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.