An insurer or producer may NOT knowingly employ a fiduciary who has been convicted of a felony or crime of moral turpitude within how many years prior to the employment?

• A. 5 years
• B. 10 years
• C. 15 years
• D. 20 years

Answer: (B)

In Maryland, a fiduciary who handles client funds must be of high ethical character, so the law bars employing someone who has been convicted of a felony or a crime involving moral turpitude within the past ten years. That ten-year window is meant to protect policyholders by ensuring those in trusted financial roles have demonstrated a sustained period of reputable behavior. Moral turpitude covers offenses reflecting dishonesty or moral failing, such as theft or fraud, which would undermine trust in someone handling premiums or other funds. If the conviction occurred more than ten years ago, it isn’t within this time frame and may not automatically disqualify employment, assuming all other licensing and background checks are satisfied.