Md. Code Ann., Ins. § 23-201
Registration required to engage in business as premium finance company or financing premiums
Effective Jul 2, 2001Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 708, § 1, eff. Oct. 1, 1997; Acts 2001, c. 731, § 1, eff. July 2, 2001.State of Maryland
- (a) A premium finance company must register with the Commissioner before engaging in business as a premium finance company in the State.
- (b) An insurer or insurance producer must register with the Commissioner before engaging in the business of financing premiums in the State.
Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 708, § 1, eff. Oct. 1, 1997; Acts 2001, c. 731, § 1, eff. July 2, 2001.
Formerly Art. 48A, § 486B.