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§ 23-505.1. Refusal or denial of policy due to source of financing

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 23. Premium Financing
Subtitle 5. Prohibited Acts; Penalties (Refs & Annos)
MD Code, Insurance, § 23-505.1
§ 23-505.1. Refusal or denial of policy due to source of financing
Currentness
An insurer that markets through independent insurance producers as defined in this article may not:
(1) refuse to issue or deny the issuance of a policy because premiums have been advanced by a registered premium finance company not affiliated with the insurer; or
(2) require an insured to use a particular premium finance company or other installment plan.

Credits

Added by Acts 1997, c. 273, § 1, eff. Oct. 1, 1997. Amended by Acts 1999, c. 557, § 1, eff. Oct. 1, 1999; Acts 2001, c. 731, § 9, eff. July 2, 2001; Acts 2002, c. 19, § 5, eff. April 9, 2002.
MD Code, Insurance, § 23-505.1, MD INSURANCE § 23-505.1
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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