Plain Text Law

§ 10–120

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 10-120 (2026)
Title 10. Regulation of Insurance Professions
Subtitle 1. Insurance Producers

§ 10–120Copy Citation

(a)
Without regard to the examination requirements of this subtitle, the Commissioner may issue a temporary license to act as an insurance producer to an individual if the individual:
(1)
is otherwise qualified; and
(2)
is:
(i)
the surviving spouse, next of kin, personal representative, or appointee of the personal representative, of a deceased insurance producer;
(ii)
the spouse, next of kin, employee, or legal guardian of a mentally or physically disabled insurance producer; or
(iii)
an employee of a firm, or an officer or employee of a corporation, of a deceased or disabled insurance producer.
(b)
Before a person acts as a temporary insurance producer in the State, the person must obtain:
(1)
a temporary license in the kind or subdivision of insurance for which the person intends to act as an insurance producer; and
(2)
if applicable, an appointment from an insurer.
(c)
An applicant for a temporary license shall:
(1)
file with the Commissioner an application on the form that the Commissioner provides; and
(2)
pay to the Commissioner the applicable fee required by § 2-112 of this article.
(d)
Within 30 days after the date an application is received, the Commissioner shall:
(1)
issue a temporary license to the applicant; or
(2)
refuse in writing to issue a temporary license, stating the reasons for the refusal.
(e)
A temporary license issued under subsection (a) of this section expires 15 months after its effective date.