Md. Code Ann., Ins. § 4-203
Acting as insurance producer for unauthorized insurer prohibited
Effective Jul 2, 2001Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001.State of Maryland
(a) This section does not apply to:
- (1) acceptance of service of process;
- (2) surplus lines insurance;
- (3) a transaction for which a certificate of authority is not required under § 4-101(b) of this title;
- (4) reinsurance, as authorized under Title 5, Subtitle 9 of this article;
- (5) an adjuster while providing services with respect to a claim under a policy lawfully solicited, issued, and delivered outside of the State; or
- (6) the professional services of an attorney at law.
(b) With respect to a subject of insurance resident, located, or to be performed in the State, a person may not in the State directly or indirectly act as an insurance producer for, or otherwise represent or help on behalf of another, an unauthorized insurer to:
- (1) solicit, negotiate, or effect insurance or an annuity contract;
- (2) inspect risks;
- (3) fix rates;
- (4) investigate or adjust losses;
- (5) collect premiums; or
- (6) transact insurance business in any other manner.
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001.
Formerly Art. 48A, § 201.