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§ 23-311. Premium finance company and reinstatement of a policy

West's Annotated Code of MarylandInsuranceEffective: October 1, 2017

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 23. Premium Financing
Subtitle 3. Premium Finance Agreements; Charges and Fees (Refs & Annos)
Effective: October 1, 2017
MD Code, Insurance, § 23-311
§ 23-311. Premium finance company and reinstatement of a policy
Currentness
A premium finance company is not required to reinstate a policy if:
(1) the insurer requires a reinstatement fee, as authorized under § 27-216(b)(5) of this article, to be paid by the insured; and
(2) the insured does not timely pay the reinstatement fee.

Credits

Added by Acts 2017, c. 725, § 1, eff. Oct. 1, 2017.
MD Code, Insurance, § 23-311, MD INSURANCE § 23-311
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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