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§ 8-303. Registration required to act as administrator

West's Annotated Code of MarylandInsuranceEffective: October 1, 2019

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 3. Third Party Administrators (Refs & Annos)
Effective: October 1, 2019
MD Code, Insurance, § 8-303
§ 8-303. Registration required to act as administrator
Currentness
In general
(a) A person must register with the Commissioner before the person acts as or represents itself as an administrator in the State.
Notice and evidence provided by persons exempted
(b) A person that would be an administrator subject to this subtitle but for the exemption under § 8-301(b)(2)(iv) of this subtitle shall provide to the Commissioner:
(1) written notice that the person operates in the State; and
(2) evidence satisfactory to the Commissioner that the person is complying with any applicable bonding requirements imposed by ERISA.1

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 2019, c. 100, § 1, eff. Oct. 1, 2019.
Formerly Art. 48A, §§ 682, 696.

Footnotes

1
Pub.L. 93-406, Sept. 2, 1974, 88 Stat. 829, codified at 29 U.S.C.A. § 1001 et seq.
MD Code, Insurance, § 8-303, MD INSURANCE § 8-303
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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