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§ 3-206.1. Arbitration provisions in insurance contracts with consumers

West's Annotated Code of MarylandCourts and Judicial ProceedingsEffective: January 1, 2009

West's Annotated Code of Maryland
Courts and Judicial Proceedings
Title 3. Courts of General Jurisdiction--Jurisdiction/Special Causes of Action (Refs & Annos)
Subtitle 2. Arbitration and Award (Refs & Annos)
Effective: January 1, 2009
MD Code, Courts and Judicial Proceedings, § 3-206.1
§ 3-206.1. Arbitration provisions in insurance contracts with consumers
Currentness
Consumer defined
(a) In this section, “consumer” means a party to an arbitration agreement who, in the context of the arbitration agreement, is an individual, not a business, who seeks or acquires, including by lease, any goods or services primarily for personal, family, or household purposes including financial services, health care services, or real property.
Provisions requiring arbitration void and unenforceable
(b)(1) Except as provided in paragraph (2) of this subsection, any provision in an insurance contract with a consumer that requires arbitration is void and unenforceable.
(2) This subsection does not apply to a provision that establishes an appraisal process to determine the value of property.

Credits

Added by Acts 2008, c. 665, § 1, eff. Jan. 1, 2009.
MD Code, Courts and Judicial Proceedings, § 3-206.1, MD CTS & JUD PRO § 3-206.1
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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