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§ 17-527.1. Discontinuance of errors and omissions insurance

West's Annotated Code of MarylandBusiness Occupations and Professions

West's Annotated Code of Maryland
Business Occupations and Professions
Title 17. Real Estate Brokers (Refs & Annos)
Subtitle 5. Miscellaneous Provisions (Refs & Annos)
Part II. General Miscellaneous Provisions
MD Code, Business Occupations & Professions, § 17-527.1
§ 17-527.1. Discontinuance of errors and omissions insurance
Application of section
(a) This section applies to a real estate broker who purchases errors and omissions insurance that provides coverage to the associate real estate brokers and the real estate salespersons who are affiliated with or employed by the real estate broker.
Notice of discontinuance of insurance
(b) A real estate broker shall provide immediate notice of a discontinuance of the broker's errors and omissions insurance to those associate real estate brokers and real estate salespersons who were covered under the broker's policy.

Credits

Added by Acts 1997, c. 389, § 1, eff. Oct. 1, 1997. Renumbered from Business Occupations and Professions § 17-529 and amended by Acts 1998, c. 628, § 1, eff. Jan. 1, 1999.
MD Code, Business Occupations & Professions, § 17-527.1, MD BUS OCCUP & PROF § 17-527.1
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.
End of Document