Md. Code Ann., Bus. Reg. § 12.5-205
Maintenance of general liability insurance
Effective Oct 1, 2009Added by Acts 2009, c. 551, § 1, eff. Oct. 1, 2009; Acts 2009, c. 552, § 1, eff. Oct. 1, 2009.State of Maryland
(a) Each licensed locksmith shall maintain general liability insurance:
- (1) in the amount of at least $300,000;
- (2) with coverage appropriate for the individual's circumstances; and
- (3) in accordance with the regulations adopted by the Secretary under this section.
- (b) A licensee shall give the Secretary notice of the cancellation of insurance at least 10 days before the effective date of the cancellation.
Added by Acts 2009, c. 551, § 1, eff. Oct. 1, 2009; Acts 2009, c. 552, § 1, eff. Oct. 1, 2009.