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.

Authority: Insurance Article, §§2-109, 10-115, 10-120, and 10-126, Annotated Code of Maryland

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Regulation .03 repealed effective September 5, 1988 (15:18 Md.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 5, 1988 (15:18 Md. R. 2146)

Regulation .06 recodified to Regulation .05 and amended effective September 5, 1988 (15:18 Md. R. 2146)

Chapter recodified from COMAR 09.30.18 to COMAR 31.03.01 effective September 7, 1998 (25:18 Md. R. 1439)

Regulation .01 amended effective April 10, 2006 (33:7 Md. R. 675)

Regulation .02 repealed effective April 10, 2006 (33:7 Md. R. 675)

Regulation .04 amended effective April 10, 2006 (33:7 Md. R. 675)

Regulation .05 amended effective April 10, 2006 (33:7 Md. R. 675)