Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS
Chapter 31.03.12 - Procedures - Written Consent - Federal Law
Section 31.03.12.09 - Subsequent Conviction
Universal Citation: MD Code Reg 31.03.12.09
Current through Register Vol. 51, No. 19, September 20, 2024
A. Written Consent Invalidated Immediately. If an individual who has been granted written consent is subsequently convicted of a felony, the written consent of the individual is invalidated immediately without the necessity of any further action by the Commissioner.
B. Notification. An individual who has been granted written consent and is subsequently convicted of a felony shall:
(1) Immediately notify the Commissioner, the individual's employer, and any insurers with which the individual holds an appointment; and
(2) Provide to the Commissioner all relevant documents and information about the felony conviction.
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