Section 4-203 - Acting as insurance producer for unauthorized insurer prohibited. - Maryland Statutes

§ 4-203. Acting as insurance producer for unauthorized insurer prohibited.
 

(a)  Scope of section.- This section does not apply to: 

(1) acceptance of service of process; 

(2) surplus lines insurance; 

(3) a transaction for which a certificate of authority is not required under § 4-101(b) of this title; 

(4) reinsurance, as authorized under Title 5, Subtitle 9 of this article; 

(5) an adjuster while providing services with respect to a claim under a policy lawfully solicited, issued, and delivered outside of the State; or 

(6) the professional services of an attorney at law. 

(b)  In general.- With respect to a subject of insurance resident, located, or to be performed in the State, a person may not in the State directly or indirectly act as an insurance producer for, or otherwise represent or help on behalf of another, an unauthorized insurer to: 

(1) solicit, negotiate, or effect insurance or an annuity contract; 

(2) inspect risks; 

(3) fix rates; 

(4) investigate or adjust losses; 

(5) collect premiums; or 

(6) transact insurance business in any other manner. 
 

[An. Code 1957, art. 48A, § 201; 1995, ch. 36; 2001, ch. 731, § 1.]