<?xml version='1.0' encoding='utf-8'?>
<section article="gin" article_name="Insurance" number="8-503" title_number="8" title_name="Entities That Act as Insurers" subtitle_number="5" subtitle_name="Reinsurance Intermediaries">
  <level label="a">
    <text>This section does not apply to a lawyer admitted to the bar of the State while acting within the scope of the profession of the lawyer.</text>
  </level>
  <level label="b">
    <level label="1">
      <text>Except as otherwise provided in paragraph (2) of this subsection, before a person acts as a reinsurance manager or reinsurance broker in the State, the person:</text>
      <level label="i">
        <text>in the case of a person that maintains an office in the State:</text>
        <level label="1">
          <text>must obtain a license under this subtitle; or</text>
        </level>
        <level label="2">
          <text>must qualify as an insurance producer under Title 10, Subtitle 1 of this article; or</text>
        </level>
      </level>
      <level label="ii">
        <text>in the case of a person that maintains an office in another state:</text>
        <level label="1">
          <text>must obtain a license under this subtitle or under a law of another state that is substantially similar to this subtitle; or</text>
        </level>
        <level label="2">
          <text>must qualify as an insurance producer under Title 10, Subtitle 1 of this article or under a law of another state that is substantially similar to Title 10, Subtitle 1 of this article.</text>
        </level>
      </level>
    </level>
    <level label="2">
      <text>Before a person acts as a reinsurance manager for a reinsurer domiciled in the State, the person must:</text>
      <level label="i">
        <text>obtain a license under this subtitle; or</text>
      </level>
      <level label="ii">
        <text>qualify as an insurance producer under Title 10, Subtitle 1 of this article.</text>
      </level>
    </level>
    <level label="3">
      <text>This subsection applies to a person that maintains an office in the State either directly or as a member or employee of a firm or association or as an officer, director, or employee of a corporation that maintains an office in the State.</text>
    </level>
  </level>
</section>
