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§ 6-101. Scope of title

West's Annotated Code of MarylandInsuranceEffective: October 1, 2021

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 6. Taxes and Fees
Subtitle 1. Taxes (Refs & Annos)
Effective: October 1, 2021
MD Code, Insurance, § 6-101
§ 6-101. Scope of title
Currentness
Persons subject to taxation
(a) The following persons are subject to taxation under this subtitle:
(1) a person engaged as principal in the business of writing insurance contracts, surety contracts, guaranty contracts, or annuity contracts;
(2) a managed care organization authorized by Title 15, Subtitle 1 of the Health--General Article;
(3) a for-profit health maintenance organization authorized by Title 19, Subtitle 7 of the Health--General Article;
(4) an attorney in fact for a reciprocal insurer; and
(5) a credit indemnity company.
Persons not subject to taxation
(b) The following persons are not subject to taxation under this subtitle:
(1) a nonprofit health service plan corporation that meets the requirements established under §§ 14-106 and 14-107 of this article;
(2) a fraternal benefit society;
(3) a surplus lines broker, who is subject to taxation in accordance with Title 3, Subtitle 3 of this article;
(4) an unauthorized insurer, who is subject to taxation in accordance with Title 4, Subtitle 2 of this article;
(5) a nonprofit health maintenance organization authorized by Title 19, Subtitle 7 of the Health--General Article that is exempt from taxation under § 501(c)(3) of the Internal Revenue Code; and
(6) the Maryland Automobile Insurance Fund.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1995, c. 352, § 10, eff. Oct. 1, 1997; Acts 2000, c. 565, § 1, eff. July 1, 2000; Acts 2001, c. 178, § 1, eff. Oct. 1, 2001; Acts 2002, c. 153, § 6, eff. July 1, 2003; Acts 2004, 1st Sp. Sess., c. 5, § 1, eff. Jan. 11, 2005; Acts 2005, c. 25, § 13, eff. April 12, 2005; Acts 2005, c. 280, § 4, eff. July 1, 2005; Acts 2005, c. 444, § 1, eff. July 1, 2005; Acts 2011, c. 397, § 1, eff. June 1, 2011; Acts 2012, c. 570, § 6, eff. Oct. 1, 2013; Acts 2013, c. 159, § 2, eff. June 1, 2013; Acts 2016, c. 321, § 3, eff. July 1, 2016; Acts 2017, c. 509, § 1, eff. Jan. 1, 2018; Acts 2021, c. 468, § 1, eff. Oct. 1, 2021; Acts 2021, c. 469, § 1, eff. Oct. 1, 2021.
MD Code, Insurance, § 6-101, MD INSURANCE § 6-101
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document