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§ 4-208. Contracts by unauthorized insurers not enforceable

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 4. General Requirements for Insurers
Subtitle 2. Unauthorized Insurers (Refs & Annos)
MD Code, Insurance, § 4-208
§ 4-208. Contracts by unauthorized insurers not enforceable
Application of section
(a) This section does not apply to:
(1) lawfully procured surplus lines insurance; or
(2) insurance contracts that are independently procured through negotiations occurring entirely outside of the State and that are reported and on which the premium tax is paid under §§ 4-210 and 4-211 of this subtitle.
Contracts by unauthorized insurers not enforceable
(b) An unauthorized insurer may not enforce an insurance contract effective in the State and entered into by the unauthorized insurer.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 207.
MD Code, Insurance, § 4-208, MD INSURANCE § 4-208
Current with all legislation from the 2023 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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