Ch. 5

LAWS OF MARYLAND

(6) Which agrees to submit to periodic examinations
as may be deemed necessary by the Commissioner and pays the
premium tax imposed by § 632 of this article on all premiums
allocable to this State with respect to life and health insurance
in force with residents of this State.

DRAFTER'S NOTE:

Error: Internal inconsistency between introductory
clause and cross-reference in Article 48A, §
211(c)(6).

Occurred: Ch. 110, Acts of 1988.

242.

(a) This     section applies to all types of insurers. It

applies to the     following types of insurance subject to the

exceptions set forth in subsection (b) of this [section.]
SECTION:

(1)   "Property insurance" as defined in § 67.

(2)   "Casualty insurance" as defined in § 68.

(3)   "Surety insurance" as defined in § 69.

(4)   "Marine" and "wet marine and transportation"
insurance as defined in § 70.

(e) No insurer, officer, agent or representative thereof
shall knowingly issue or deliver, or knowingly permit the
issuance or delivery of, a policy of insurance, or any
endorsement, certificate, or addition to the policy, except in
accordance with the filings which are in effect for the insurer
as provided in this section or in accordance with subsection (h)
OF THIS SECTION. As compensation for procuring business, any
insurer may pay or allow a commission to any licensed agent of
the insurer.

(e-1) (2) The Commissioner may revoke any reduction of
rates made in accordance with this subsection upon a finding
after notice and hearing that the rates produced are in violation
of this [chapter] SECTION.

(o) (3) Consultation With Other States. In order to
further uniform administration of rate regulatory laws, the
Commissioner and every insurer and rating organization may
exchange information and experience data with insurance
supervisory officials, insurers and rating organizations in other
states and may consult with them with respect to rate making and
the application of rating [system] SYSTEMS.

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