Md. Code, Insurance § 10-807
This is the official text of Md. Code, Insurance § 10-807, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§10–807.
Official statutory text
(a) An employee or authorized representative of a self–service storage producer may act on behalf of and under the supervision of the self–service storage producer in matters relating to the conduct of business under a limited lines license issued under this subtitle if the employee or authorized representative receives the training under § 10–808 of this subtitle.
(b) The conduct of an employee or authorized representative of a self–service storage producer acting within the scope of employment or agency is considered to be the conduct of the self–service storage producer for purposes of this subtitle.
(c) The designated responsible producer:
(1) is responsible for the acts of the employees or authorized representatives of the owner who offer or sell limited lines insurance, as authorized under this subtitle, on behalf of the owner;
(2) shall use reasonable means to ensure compliance by the employees or authorized representatives with this subtitle;
(3) shall maintain a register, on a form the Commissioner requires, of each employee or authorized representative of the owner who offers limited lines insurance on behalf of the owner; and
(4) shall submit the register for inspection by the Commissioner within 30 days after receiving a request by the Commissioner for inspection.
(b) The conduct of an employee or authorized representative of a self–service storage producer acting within the scope of employment or agency is considered to be the conduct of the self–service storage producer for purposes of this subtitle.
(c) The designated responsible producer:
(1) is responsible for the acts of the employees or authorized representatives of the owner who offer or sell limited lines insurance, as authorized under this subtitle, on behalf of the owner;
(2) shall use reasonable means to ensure compliance by the employees or authorized representatives with this subtitle;
(3) shall maintain a register, on a form the Commissioner requires, of each employee or authorized representative of the owner who offers limited lines insurance on behalf of the owner; and
(4) shall submit the register for inspection by the Commissioner within 30 days after receiving a request by the Commissioner for inspection.
Status: in_force · Read it on the official government site
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