(a) (1) On the form that the Commissioner provides, each nonresident applicant for a license must appoint the Commissioner as attorney for service of process issued against the applicant in the State.
(2) The appointment:
(i) is irrevocable;
(ii) binds the applicant and any successor in interest; and
(iii) remains in effect as long as there is in force in the State a contract made by the applicant or an obligation arising from a contract made by the applicant.
(b) (1) Each nonresident applicant for a license shall provide the Commissioner with the name and address of a resident of the State on whom notice and orders of the Commissioner and process issued against the applicant may be served.
(2) (i) A nonresident licensee promptly shall notify the Commissioner of a change in its designated agent for service.
(ii) A change is not effective until acknowledged by the Commissioner.
Structure Maryland Statutes
Title 8 - Entities That Act as Insurers
Subtitle 5 - Reinsurance Intermediaries
Section 8-503 - License Required; Qualifications of Reinsurance Intermediaries
Section 8-504 - Required Bonds or Other Security
Section 8-505 - Service of Process
Section 8-506 - Applications for License
Section 8-507 - Issuance of License
Section 8-508 - Scope of License
Section 8-509 - Term and Renewal of License
Section 8-510 - Addition or Deletion of Names on License
Section 8-512 - Examination of Reinsurance Intermediaries
Section 8-513 - Authorization to Act as a Reinsurance Broker
Section 8-514 - Records of Reinsurance Broker
Section 8-515 - Contracts Between Reinsurance Managers and Reinsurers
Section 8-516 - Records of Reinsurance Manager
Section 8-517 - Acts of Reinsurance Manager
Section 8-518 - Restrictions on Activities of Reinsurance Manager
Section 8-519 - Duties of Authorized Insurer; Prohibited Acts; Penalties
Section 8-520 - Duties of Reinsurer; Prohibited Acts; Penalties