Section 8-508 - Scope of license. - Maryland Statutes

§ 8-508. Scope of license.
 

(a)  Issued to individual.- A license issued to an individual authorizes the individual to act as a reinsurance intermediary. 

(b)  Issued to firm or association.- A license issued to a firm or association authorizes each member of the firm or association, and each employee of the firm or association who is listed on the license, to act as a reinsurance intermediary. 

(c)  Issued to corporation.- A license issued to a corporation authorizes each officer of the corporation, and each employee or director of the corporation who is listed on the license, to act as a reinsurance intermediary. 
 

[An. Code 1957, art. 48A, § 720; 1995, ch. 36.]