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§ 19-307. Antiarson application as material part of policy

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 19. Property and Casualty Insurance
Subtitle 3. Fire Insurance Application Act (Refs & Annos)
MD Code, Insurance, § 19-307
§ 19-307. Antiarson application as material part of policy
Currentness
In general
(a)(1) An antiarson application required under this subtitle is a material part of the policy to which the application pertains.
(2) A material misrepresentation in an antiarson application is grounds to rescind the policy.
Notice of change in information
(b)(1) Within a reasonable time as specified by the Commissioner, a policyholder shall notify the policyholder's insurer in writing of any change in the information contained in an antiarson application.
(2) A material failure to give the notice required in paragraph (1) of this subsection, or a material misrepresentation in a notification, is grounds to rescind the policy.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 577.
MD Code, Insurance, § 19-307, MD INSURANCE § 19-307
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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