§ 10–106
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 10-106 (2026)
Title 10. Regulation of Insurance Professions
Subtitle 1. Insurance Producers
§ 10–106LinkCopy Citation
(a)
This section does not apply to a motor vehicle rental company that applies for a limited lines license to sell insurance in connection with, and incidental to, the rental of a motor vehicle under Subtitle 6 of this title.
(b)
To qualify for a license as an insurance producer, a business entity must designate a licensed insurance producer to act as the business entity’s principal contact with the Administration.
(c)
The designated insurance producer shall:
(1)
provide to the Administration at the time of designation the insurance producer’s name, business address, business telephone number, business facsimile number, and business electronic mail address;
(2)
notify the Insurance Administration in writing of any change in the information required by item (1) of this subsection within 10 days after the change;
(3)
compile and maintain, to the extent reasonably possible, a list of locations where records of the business entity are maintained; and
(4)
on request, cooperate with any investigation conducted by the Administration unless the cooperation is subject to a legal privilege asserted by the designated insurance producer or the business entity.