A qualified surplus lines broker may:
(1) accept and place surplus lines insurance business from an insurance producer with a license in the State for the kind of insurance involved; and
(2) compensate the insurance producer for the surplus lines insurance business.
Structure Maryland Statutes
Subtitle 3 - Surplus Lines Insurance
Section 3-302 - Scope of Subtitle
Section 3-303 - Placement of Insurance With Alien Insurer
Section 3-305 - Compliance With Filing Requirement
Section 3-306 - Procuring Surplus Lines Insurance Authorized
Section 3-306.1 - Diligent Search -- When Deemed Completed or Unnecessary
Section 3-306.2 - Disability Insurance and Short-Term Medical Insurance -- Nonadmitted Insurers
Section 3-308 - Endorsement of Contract or Confirmation
Section 3-309 - Validity of Surplus Lines Insurance Contract
Section 3-310 - Certificate of Qualification Required for Surplus Lines Broker; Exceptions
Section 3-311 - Qualifications of Applicants
Section 3-312 - Applications for Certificate of Qualification
Section 3-314 - Issuance of Certificate of Qualification
Section 3-315 - Scope of Certificate of Qualification
Section 3-316 - Term and Renewal of Certificate of Qualification
Section 3-316.1 - Reinstatement of Certificate of Qualification
Section 3-317 - Suspensions and Revocations
Section 3-318 - Approval of Surplus Lines Insurer
Section 3-319 - Placement of Surplus Lines Insurance Prohibited
Section 3-320 - Receipt of Premium by Surplus Lines Broker
Section 3-321 - Delivery of Policy, Binder, or Cover Note
Section 3-324 - Premium Receipts Tax on Surplus Lines Insurance
Section 3-325 - Report of Premium Receipts and Payment of Tax
Section 3-326 - Delivery of False Binder or Cover Note Prohibited