§ 14-414. Restrictions on use of gross contract and certificate income
West's Annotated Code of MarylandInsurance
MD Code, Insurance, § 14-414
§ 14-414. Restrictions on use of gross contract and certificate income
A dental plan organization may not use more than 50% of its gross contract and certificate income in any fiscal year for general operating expenses, acquisition expenses, and miscellaneous taxes, licenses, and fees.
Credits
Added by Acts 1997, c. 35, § 2, eff. Oct. 1, 1997.
Formerly Art. 48A, § 591.
MD Code, Insurance, § 14-414, MD INSURANCE § 14-414
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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