§ 26-204. Evidence of security
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 26-204
§ 26-204. Evidence of security
(a) An applicant for a license shall deposit with the Treasurer, who shall maintain in trust:
(b)(1) The bond or letter of credit described under subsection (a)(2) or (3) of this section shall be:
(c)(1) The security required by subsection (a) of this section shall be maintained as long as the licensee has any outstanding liability or obligation in the State.
Credits
Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 2002, c. 88, § 1, eff. Oct. 1, 2002.
Formerly Art. 48B, § 3.
MD Code, Insurance, § 26-204, MD INSURANCE § 26-204
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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