Home Table of Contents

§ 16-4A-04. General liability insurance requirements

West's Annotated Code of MarylandBusiness Occupations and ProfessionsEffective: October 1, 2008

West's Annotated Code of Maryland
Business Occupations and Professions
Title 16. Real Estate Appraisers, Appraisal Management Companies, and Home Inspectors (Refs & Annos)
Subtitle 4a. Miscellaneous Provisions for Home Inspectors (Refs & Annos)
Effective: October 1, 2008
MD Code, Business Occupations & Professions, § 16-4A-04
§ 16-4A-04. General liability insurance requirements
Currentness
In general
(a) A home inspector licensed by the Commission shall maintain general liability insurance in the amount of at least $150,000.
Proof of insurance
(b)(1) An applicant shall submit proof of the insurance required under this section to the Commission with the license application.
(2) The Commission may not issue a license to an applicant unless the applicant submits proof of the insurance.
Renewal denied without insurance
(c) Unless an applicant meets the insurance requirements of this section, the Commission may not renew the license.
Notice of cancellation of insurance
(d) A licensee shall give the Commission notice of the cancellation of insurance required under this section at least 10 days before the effective date of the cancellation.

Credits

Added by Acts 2008, c. 160, § 1, eff. Oct. 1, 2008.
MD Code, Business Occupations & Professions, § 16-4A-04, MD BUS OCCUP & PROF § 16-4A-04
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.
End of Document