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Section 8-508 - Scope of License — Maryland Law | CourtGPT
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  2. Laws/
  3. Maryland/
  4. Title 1 - Definitions; General Provisions/
  5. Title 8 - Entities That Act As Insurers/
  6. Subtitle 5 - Reinsurance Intermediaries/
  7. Section 8-508 - Scope of License
Maryland Legal Code

Section 8-508 - Scope of License

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(a) A license issued to an individual authorizes the individual to act as a reinsurance intermediary. (b) A license issued to a firm or association authorizes each member of the firm or association, and each employee of the firm or association who is listed on the license, to act as a reinsurance intermediary. (c) A license issued to a corporation authorizes each officer of the corporation, and each employee or director of the corporation who is listed on the license, to act as a reinsurance intermediary.