Maryland Code, INSURANCE 3-310
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Terms Used In Maryland Code, INSURANCE 3-310
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(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.