Volume 671, Page 1036 View pdf image (33K) |
1038 LAWS OF MARYLAND [CH. 553 prerequisite for authority to engage in the insurance business in such (3) Deposits in such additional amounts as. are permitted to be (b) Deposits of securities 109. Purpose of Deposit. Such deposits shall be held for purposes as follows: (1) Deposits made in this State under section 50 of this article (2) A deposit made in this State by a domestic insurer doing an (3) Deposits required pursuant to the retaliatory law, section 61, 110. Assets Eligible for Deposit. (1) All such deposits required for authority to engage in the insur- (2) All such deposits required pursuant to the laws of another 111. Trust Companies as Depositories; State of Maryland (1) Upon request of the insurer, the State Treasurer with the con- (2) The State of Maryland shall be responsible for the safekeeping
112. Rights of Insurer During Solvency. So long as the insurer remains solvent and complies with this ar- (1) Demand, receive, sue for and recover the income from the |
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Volume 671, Page 1036 View pdf image (33K) |
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