§ 3-310. Certificate of qualification required for surplus lines broker; exceptions.

MD Ins Code § 3-310 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(a)    Except as provided in subsection (b) of this section, a person must obtain a certificate of qualification to act as a surplus lines broker before the person acts as a surplus lines broker in the State.

(b)    A person is not required to obtain a certificate of qualification to act as a surplus lines broker in the State if:

(1)    the State is not the home state of the insured; and

(2)    the surplus lines broker has obtained a license or other authorization from the home state of the insured.