§ 24-214

Md. Code Ann., Ins. § 24-214

Rate of commissions

Effective Apr 12, 2005Added by Acts 2004, 1st Sp. Sess., c. 5, § 1, eff. Jan. 11, 2005. Amended by Acts 2005, c. 1, § 1, eff. April 1, 2005; Acts 2005, c. 24, § 1, eff. April 12, 2005.State of Maryland

For policies that take effect on or after January 11, 2005 and through December 31, 2009, the Society may not pay a commission at a rate that exceeds 5% of the premium.

Added by Acts 2004, 1st Sp. Sess., c. 5, § 1, eff. Jan. 11, 2005. Amended by Acts 2005, c. 1, § 1, eff. April 1, 2005; Acts 2005, c. 24, § 1, eff. April 12, 2005.