§ 4-202. Legislative findings and intent
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 4-202
§ 4-202. Legislative findings and intent
(a) The General Assembly finds that:
(b)(1) The General Assembly intends to subject certain insurers and other persons to the jurisdiction of the Commissioner, in proceedings before the Commissioner, and to the courts of the State in suits by or for the State and insureds or beneficiaries under insurance contracts.
(2) To carry out this intent, the General Assembly provides for substituted service of process on certain insurers and other persons in any proceeding in a court and substituted service of any notice, order, pleading, or process on certain insurers and other persons in any proceeding before the Commissioner to enforce or effect full compliance with the insurance and tax laws of the State.
(c) In carrying out the intent of this subtitle, the General Assembly declares that it is exercising:
(3) its powers and privileges under the McCarran-Ferguson Act.1
Credits
Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 202.
Footnotes
Mar. 9, 1945, ch. 20, 59 Stat. 33, codified at 15 U.S.C.A. § 1011 et seq.
MD Code, Insurance, § 4-202, MD INSURANCE § 4-202
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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