§ 20-305. Commercial policyholder, expiration and rewritten policy with Fund
West's Annotated Code of MarylandInsuranceEffective: October 1, 2019
Effective: October 1, 2019
MD Code, Insurance, § 20-305
§ 20-305. Commercial policyholder, expiration and rewritten policy with Fund
(a) The Fund shall provide each commercial policyholder with a notice stating the expiration date of the current policy at least 45 days before the expiration of the current policy.
(b) If a commercial policyholder requests a rewritten policy with the Fund and the policyholder's fund producer is unable to generate a new rewritten policy quote without the assistance of the Fund, the Fund shall provide the policyholder's fund producer with a rewritten policy quote within 7 days after the Fund has received all necessary information from the fund producer.
Credits
Added by Acts 2019, c. 114, § 1, eff. Oct. 1, 2019.
MD Code, Insurance, § 20-305, MD INSURANCE § 20-305
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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