(a) Except as otherwise expressly provided by law, a person may not pay, allow, or give, or offer to pay, allow, or give, directly or indirectly, any valuable consideration to an insured as an inducement to use the services of a public adjuster.
(b) A public adjuster may pay a commission, service fee, or any other valuable consideration to a person only if that person is required to be licensed, and is licensed, as a public adjuster.
(c) A person may not accept a commission, service fee, or any other valuable consideration if the person is required to be licensed, but is not licensed, as a public adjuster.
Structure Maryland Statutes
Title 10 - Regulation of Insurance Professions
Section 10-402 - Scope of Subtitle
Section 10-403 - License Required
Section 10-404 - Qualifications of Applicants
Section 10-405 - Applications for Initial Licenses
Section 10-406 - Issuance of License
Section 10-408 - Term and Renewal of License
Section 10-408.1 - Reinstatement of License
Section 10-409 - Waiver of License Requirement for Nonresident
Section 10-409.1 - Prohibited Inducements
Section 10-410 - Denials, Suspensions, Revocations, and Refusals to Renew
Section 10-411 - Public Adjuster Contracts
Section 10-412 - Deposit of Settlement Funds