(a) The Commissioner may appoint an advisory board for life and health insurance and an advisory board for property and casualty insurance to assist the Commissioner in reviewing continuing education courses, examinations, and other matters relating to the education and qualification of insurance producers.
(b) (1) If the Commissioner appoints a life and health insurance advisory board, the life and health insurance advisory board shall consist of at least eight members.
(2) Each member of the advisory board shall be experienced in the business of life insurance or health insurance.
(3) The advisory board:
(i) may include insurance producers and employees or officers of insurers; and
(ii) shall include at least two members who are insurance producers with valid licenses issued in the State in that kind of insurance.
(c) (1) If the Commissioner appoints a property and casualty insurance advisory board, the property and casualty insurance advisory board shall consist of at least eight members.
(2) Each member of the advisory board shall be experienced in the business of property insurance or casualty insurance.
(3) The advisory board:
(i) may include insurance producers and employees or officers of insurers; and
(ii) shall include at least two members who are insurance producers with valid licenses issued in the State in that kind of insurance.
(d) (1) The term of a member of an advisory board under this section is 4 years.
(2) A member who is appointed after a term has begun serves only for the rest of the term.
(3) A member is eligible for reappointment.
(4) The Commissioner may stagger the terms of members of each advisory board under this section.
(e) A member of an advisory board under this section:
(1) may not receive compensation; but
(2) if authorized by the Commissioner, is entitled to reimbursement for expenses under the Standard State Travel Regulations, as provided in the State budget.
(f) The Commissioner may adopt regulations to carry out this section.
Structure Maryland Statutes
Title 10 - Regulation of Insurance Professions
Subtitle 1 - Insurance Producers
Section 10-102 - Scope of Subtitle
Section 10-103 - License Required
Section 10-105 - Qualifications of Individual Applicants -- Life and Health Insurance and Annuities
Section 10-106 - Qualifications of Business Entity
Section 10-107 - Examinations -- in General
Section 10-108 - Examinations -- Insurance Other Than Life and Health Insurance and Annuities
Section 10-109 - Examinations -- Life and Health Insurance and Annuities
Section 10-110 - Advisory Boards
Section 10-111 - Applications for License
Section 10-112 - Issuance of License
Section 10-113 - Scope of Licenses
Section 10-114 - Conducting Business as Limited Liability Company, Partnership, or Corporation
Section 10-115 - Term and Renewal of License
Section 10-116 - Continuing Education
Section 10-116.1 - Reinstatement of License
Section 10-117 - Changes to License
Section 10-118 - Appointments and Terminations
Section 10-119 - Nonresident Insurance Producers
Section 10-120 - Temporary Licenses
Section 10-121 - Title Insurance Producers
Section 10-121.1 - Title Insurance Producer Independent Contractors
Section 10-122 - Limited Lines Licenses -- Sellers of Travel Insurance
Section 10-123 - Limited Lines Licenses -- Motor Vehicle Insurance
Section 10-124 - Limited Lines Licenses -- Employees of Health Maintenance Organizations
Section 10-126 - Denials, Suspensions, Revocations, and Refusals to Renew or Reinstate; Penalties
Section 10-127 - Cancellation of Policy if Premiums Paid to Insurance Producer
Section 10-128 - Signature or Countersignature of Policies
Section 10-128.1 - Regulations Regarding Maintenance of Records
Section 10-129 - Misrepresentation as Independent Insurance Producer
Section 10-130 - Commission Only to Licensed Insurance Producer
Section 10-131 - General Penalty
Section 10-132 - Violations by Title Insurance Producers
Section 10-133 - Certain Exclusive Appointment Agreements Prohibited