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Maryland Code, Insurance § 10-807

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Insurance § 10-807 - last updated January 01, 2025 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-10-807/

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