§ 23-501. Add-on coverage as condition of financing premium
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 23-501
§ 23-501. Add-on coverage as condition of financing premium
A premium finance company, or an insurance producer, if applicable, may not require an insured or prospective insured to purchase or finance add-on coverage, as defined in § 20-504 of this article, as a condition of financing the premium for an insurance contract issued by the Maryland Automobile Insurance Fund.
Credits
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, § 486C.
MD Code, Insurance, § 23-501, MD INSURANCE § 23-501
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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