The purpose of this chapter is to protect the public from untrue, deceptive, misleading, or false statements of financial condition of an insurer. It is applicable to all persons licensed to conduct the business of insurance in Maryland.

Authority: Insurance Article, §§2-109, 7-103, 7-104, and 27-205(a), Annotated Code of Maryland

Effective date: April 10, 1970

Chapter recodified from COMAR 09.30.29 to COMAR 31.15.05 effective September 7, 1998 (25:18 Md. R. 1439)