Md. Code Regs. 14.35.05.03

Current through Register Vol. 51, No. 24, December 2, 2024

Section 14.35.05.03 - Reinstatement

A. For up to 1 year after the expiration date, an individual whose insurance producer authorization has expired may apply to reinstate the expired authorization by:

(1) Filing a reinstatement application, either by mail or electronically, on the form approved by the Exchange;

(2) Paying to the Exchange the renewal fee if permitted by law and in the manner specified by the Exchange;

(3) Paying to the Exchange a reinstatement fee if permitted by law and in the manner specified by the Exchange; and

(4) Submitting evidence to the Exchange that the individual has successfully completed the Exchange annual training and the continuing education requirements under Regulation .02C of this chapter.

B. An individual who does not file for reinstatement within 1 year after the expiration date of the insurance producer authorization shall apply for an authorization under the application procedures set forth in COMAR 14.35.04.03B.

Md. Code Regs. 14.35.05.03