1. (a) On the form that the Commissioner provides, each insurer applying for a certificate of authority must appoint the Commissioner as attorney for service of process issued against the insurer in the State.

2. (b) The appointment:

   1. (1) is irrevocable;
   2. (2) binds the insurer and any successor in interest or successor to the assets and liabilities of the insurer; and
   3. (3) remains in effect as long as there is in force in the State a contract made by the insurer or an obligation arising from a contract made by the insurer.

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.

Formerly Art. 48A, § 57.