Certificate of qualification required for surplus lines broker; exceptions.

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    (a)    Except as provided in subsection (b) of this section, a person must obtain a certificate of qualification to act as a surplus lines broker before the person acts as a surplus lines broker in the State.

    (b)    A person is not required to obtain a certificate of qualification to act as a surplus lines broker in the State if:

        (1)    the State is not the home state of the insured; and

        (2)    the surplus lines broker has obtained a license or other authorization from the home state of the insured.


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