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<section article="gin" article_name="Insurance" number="10-602" title_number="10" title_name="Regulation of Insurance Professions" subtitle_number="6" subtitle_name="Motor Vehicle Rental Companies">
  <level label="a">
    <text>A motor vehicle rental company shall hold a limited lines license to sell insurance in connection with, and incidental to, the rental of a vehicle before the company or its employees or authorized representatives may sell or offer any policies of insurance in this State to a renter in connection with, and incidental to, a rental agreement.</text>
  </level>
  <level label="b">
    <text>A limited lines license to sell insurance in connection with, and incidental to, the rental of a vehicle issued under this subtitle shall also authorize any employee and any authorized representative of the motor vehicle rental company who is trained, under § 10–604(a)(4) of this subtitle, to act on behalf of, and under the supervision of, a motor vehicle rental company, with respect to the kinds of insurance specified in § 10–604(b)(2) of this subtitle.</text>
  </level>
  <level label="c">
    <text>The acts of an employee or authorized representative offering or selling insurance coverage on behalf of a motor vehicle rental company shall be deemed the acts of the motor vehicle rental company for the purposes of this subtitle.</text>
  </level>
  <level label="d">
    <text>A motor vehicle rental company holding a limited lines license to sell insurance in connection with, and incidental to, the rental of a vehicle issued under this subtitle is not required to treat premiums collected from a renter that purchased insurance from the motor vehicle rental company as funds received in a fiduciary capacity if:</text>
    <level label="1">
      <text>the insurer represented by the motor vehicle rental company has consented in a written agreement, signed by an officer of the insurer, that the premiums do not need to be segregated from other funds received by the motor vehicle rental company in connection with the vehicle rental; and</text>
    </level>
    <level label="2">
      <text>the charges for insurance coverage are itemized but not billed to the renter separately from the charges for the vehicle rental.</text>
    </level>
  </level>
  <level label="e">
    <text>An employee or an authorized representative of a motor vehicle rental company who offers or sells insurance coverage on behalf of the motor vehicle rental company:</text>
    <level label="1">
      <text>may be compensated for offering or selling insurance coverage under this subtitle; but</text>
    </level>
    <level label="2">
      <text>may not be compensated in a manner that is based solely on the number of customers who purchase rental vehicle insurance.</text>
    </level>
  </level>
  <level label="f">
    <text>This subtitle may not be construed to prohibit payment of compensation to an employee or an authorized representative of a motor vehicle rental company who offers or sells insurance coverage on behalf of the motor vehicle rental company for activities that are incidental to the employee’s overall activities.</text>
  </level>
  <level label="g">
    <text>A motor vehicle rental company that holds a limited lines license to sell insurance in connection with, and incidental to, the rental of a vehicle issued under this subtitle shall:</text>
    <level label="1">
      <text>maintain a register, on a form the Commissioner requires, containing:</text>
      <level label="i">
        <text>the names of each employee or authorized representative who offers limited lines insurance on behalf of the motor vehicle rental company; and</text>
      </level>
      <level label="ii">
        <text>the business addresses of all locations in the State where employees or authorized representatives offer limited lines insurance on behalf of the motor vehicle rental company; and</text>
      </level>
    </level>
    <level label="2">
      <text>submit the register for inspection by the Commissioner as the Commissioner requires.</text>
    </level>
  </level>
</section>
