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§ 12.5-205. Maintenance of general liability insurance

West's Annotated Code of MarylandBusiness RegulationEffective: October 1, 2009

West's Annotated Code of Maryland
Business Regulation (Refs & Annos)
Title 12.5. Locksmiths (Refs & Annos)
Subtitle 2. Licensing (Refs & Annos)
Effective: October 1, 2009
MD Code, Business Regulation, § 12.5-205
§ 12.5-205. Maintenance of general liability insurance
(a) Each licensed locksmith shall maintain general liability insurance:
(1) in the amount of at least $300,000;
(2) with coverage appropriate for the individual's circumstances; and
(3) in accordance with the regulations adopted by the Secretary under this section.
(b) A licensee shall give the Secretary notice of the cancellation of insurance at least 10 days before the effective date of the cancellation.

Credits

Added by Acts 2009, c. 551, § 1, eff. Oct. 1, 2009; Acts 2009, c. 552, § 1, eff. Oct. 1, 2009.
MD Code, Business Regulation, § 12.5-205, MD BUS REG § 12.5-205
Current through legislation effective through June 1, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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