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§ 8-311. Agreement between administrator and plan sponsor or insurer

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 8. Entities that Act as Insurers
Subtitle 3. Third Party Administrators (Refs & Annos)
MD Code, Insurance, § 8-311
§ 8-311. Agreement between administrator and plan sponsor or insurer
In general
(a) A person may not act as an administrator without a written agreement between the administrator and the plan sponsor or insurer.
Retention of agreement as official record
(b) An administrator shall retain the agreement required by this section as an official record of the administrator for the duration of the agreement and for 3 years after termination of the agreement.

Credits

Added by Acts 1995, c. 36, § 1, eff. Oct. 1, 1997.
Formerly Art. 48A, § 687.
MD Code, Insurance, § 8-311, MD INSURANCE § 8-311
Current through all legislation from the 2022 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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