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§ 3-307. Affidavits

West's Annotated Code of MarylandInsuranceEffective: October 1, 2016

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 3. Kinds of Insurers
Subtitle 3. Surplus Lines Insurance (Refs & Annos)
Effective: October 1, 2016
MD Code, Insurance, § 3-307
§ 3-307. Affidavits
Currentness
Personal execution of affidavit
(a) An affidavit that sets forth the facts referred to in § 3-306 of this subtitle and any other facts required by the Commissioner must be personally executed by the surplus lines broker or the originating insurance producer at the time the surplus lines insurance is placed.
Filing requirements
(b) The affidavit must be filed with the Commissioner on or before the 45th day after the last day of the calendar quarter in which the surplus lines insurance was placed.
Affidavit requirements
(c) For short-term medical insurance procured from a nonadmitted insurer under this subtitle, the affidavit shall include, for each declining authorized insurer, the reason for the declination.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997. Amended by Acts 1998, c. 751, § 1, eff. Oct. 1, 1998; Acts 2001, c. 731, § 1, eff. July 2, 2001; Acts 2007, c. 54, § 1, eff. Oct. 1, 2007; Acts 2007, c. 55, § 1, eff. Oct. 1, 2007; Acts 2016, c. 207, § 1, eff. Oct. 1, 2016; Acts 2016, c. 208, § 1, eff. Oct. 1, 2016.
Formerly Art. 48A, § 185.
MD Code, Insurance, § 3-307, MD INSURANCE § 3-307
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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