Md. Code Ann., Ins. § 11-230
Policies, endorsements, certificates, or additions outside of filing requirements prohibited
Effective Jul 2, 2001Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001.State of Maryland
- (a) An insurer or officer, insurance producer, or representative of an insurer may not knowingly issue or deliver or knowingly allow the issuance or delivery of a policy or endorsement, certificate, or addition to the policy, except in accordance with the filings that are in effect for the insurer as provided in this subtitle.
- (b) An insurer may pay or allow a commission to a licensed insurance producer of the insurer as compensation for procuring business.
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997. Amended by Acts 2001, c. 731, § 1, eff. July 2, 2001.
Formerly Art. 48A, § 242.