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§ 4-502. Construction of subtitle

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

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 4. General Requirements for Insurers
Subtitle 5. Corporate Governance Annual Disclosure Act (Refs & Annos)
Effective: July 1, 2019
MD Code, Insurance, § 4-502
§ 4-502. Construction of subtitle
Insurers domiciled in State
(a) The requirements of this subtitle apply only to insurers domiciled in this State.
Limitation
(b) Subject to subsection (c) of this section, this subtitle may not be construed to require or impose corporate governance standards and internal procedures beyond those which are required under the Corporations and Associations Article.
Commissioner’s authority or third-party
(c) This subtitle may not be construed to limit the Commissioner's authority, or the rights or obligations of a third-party under Title 2, Subtitle 2 of this article.

Credits

Added by Acts 2019, c. 105, § 1, eff. July 1, 2019.
MD Code, Insurance, § 4-502, MD INSURANCE § 4-502
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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