Maryland Insurance Section 4-109

      (a)      Within a reasonable time after the filing of a completed application for an initial certificate of authority, the Commissioner shall:

            (1)      issue an appropriate certificate of authority; or

            (2)      disapprove the application and state the grounds for disapproval.

      (b)      On request of an insurer, the Commissioner may issue a certificate of authority limited to a particular type of insurance or insurance coverage within the scope of a kind of insurance.