Section 10-104 - [Effective 10/1/2024] Qualifications of individual applicants - Insurance other than life and health insurance and annuities(a) This section applies to:(1) a license to act as an insurance producer for insurance other than life insurance, health insurance, or annuities;(2) a limited lines license to act as an insurance producer for limited line credit insurance other than credit life insurance or credit health insurance; and(3) a limited lines license to act as an insurance producer for a line of insurance described in §§ 10-122 through 10-125 of this subtitle.(b) To qualify for a license to which this section applies, an individual applicant must meet the requirements of this section.(c) An applicant must be of good character and trustworthy based on the standards of § 10-126 of this subtitle.(d) An applicant must be at least 18 years of age.(e) An applicant may not have committed any act that the Commissioner finds would warrant denial of a license under § 10-126 of this subtitle.(f) In the case of an applicant for a limited lines license to act as an insurance producer for limited line credit insurance, the applicant shall complete successfully a program of instruction that is:
(i) provided by an insurer that sells, solicits, or negotiates limited line credit insurance; and(ii) approved by the Commissioner.(g) Except as otherwise provided in this section, the applicant must pass an examination given by the Commissioner under this subtitle. (h) An applicant for a limited lines license to act as an insurance producer for limited line credit insurance need not meet the examination requirements of subsection (g) of this section.(i) An applicant may be licensed as to any particular kind or kinds of insurance.Amended by 2024 Md. Laws, Ch. 874,Sec. 1, eff. 10/1/2024.Amended by 2024 Md. Laws, Ch. 873,Sec. 1, eff. 10/1/2024.This section is set out more than once due to postponed, multiple, or conflicting amendments.