§ 10-120. Temporary licenses

   (a) Deceased or disabled insurance producer. -- Without regard to the education, experience, or examination requirements of this subtitle, the Commissioner may issue a temporary license to act as an insurance producer to an individual if the individual:

   (1) is otherwise qualified; and

   (2) is:

      (i) the surviving spouse, next of kin, personal representative, or appointee of the personal representative, of a deceased insurance producer;

      (ii) the spouse, next of kin, employee, or legal guardian of a mentally or physically disabled insurance producer; or

      (iii) an employee of a firm, or an officer or employee of a corporation, of a deceased or disabled insurance producer.

(b) Qualifications of temporary insurance producers. -- Before a person acts as a temporary insurance producer in the State, the person must obtain:

   (1) a temporary license in the kind or subdivision of insurance for which the person intends to act as an insurance producer; and

   (2) if applicable, an appointment from an insurer.

(c) Applications for temporary license. -- An applicant for a temporary license shall:

   (1) file with the Commissioner an application on the form that the Commissioner provides; and

   (2) pay to the Commissioner the applicable fee required by § 2-112 of this article.

(d) Issuance or refusal of temporary license. -- Within 30 days after the date an application is received, the Commissioner shall:

   (1) issue a temporary license to the applicant; or

   (2) refuse in writing to issue a temporary license, stating the reasons for the refusal.

(e) Term of temporary license. -- A temporary license issued under subsection (a) of this section expires 15 months after its effective date.

HISTORY: An. Code 1957, art. 48A, § 172; 1995, ch. 36; 2001, ch. 731, § 1; 2004, ch. 25; 2006, ch. 83.