Ch. 688
1996 LAWS OF MARYLAND
CHAPTER 688
(House Bill 762)
AN ACT concerning
Accident History Reports - Maryland Automobile Insurance Fund - Premium Finance
Companies
FOR the purpose of authorizing the Maryland Automobile Insurance Fund to sponsor a
premium finance company to obtain certain accident history reports under certain
circumstances; authorizing a premium finance company to obtain accident history
reports under certain circumstances; allowing a premium finance company to charge
and collect certain actual expenses for obtaining accident history reports under
certain circumstances; prohibiting a premium finance company from charging an
insured or a prospective insured any fee for the expense that the premium finance
company incurs in obtaining a certain report under certain circumstances; making
stylistic changes; providing, for the future codification of certain provisions of this
Act; requiring the Maryland Automobile Insurance Fund to report to certain committees
of the General Assembly by a certain date on certain information; and generally
relating to obtaining certain accident history reports for the placement of policies
through the Maryland Automobile Insurance Fund.
BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 230(i) and 486E(a)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)
BY adding to
Article - Insurance
Section 23-309
Annotated Code of Maryland
(1995 Volume)
(As enacted by Chapter______(H.B. 11) of the Acts of the General Assembly of
1996)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article 48A - Insurance Code
230.
(i) (1) (i) In this subsection, "accident history report" means a report that
details a person's accident history.
(ii) "Accident history report" includes a comprehensive loss
underwriting exchange automobile report (CLUE report).
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