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Session Laws, 1966
Volume 678, Page 774   View pdf image (33K)
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774                              LAWS OF MARYLAND                     [CH. 463

(3) (vi) An assigned risk insurer HEREUNDER shall not be
permitted to refuse or cancel any insurance for nonpayment of pre-
mium unless (1) the net premium is not received from the broker
within 10 days after a statement of net amount due is mailed by the in-
surer to the broker or procuring agent, but in no event earlier than 30
days from the date when the assigned risk insurance became effective,
or (2) the broker or procuring agent orders cancellation for nonpay-
ment, or (3) a lender or assignee, whether by written power of at-
torney or otherwise, orders cancellation. Notwithstanding any de-
fault of the insured in premium payment to the broker or procuring
agent, or any cancellation or replacement of the assigned risk in-
surance, whether prior to or after the issuance of a policy, any broker
or procuring agent who binds or places as assigned risk SUCH IN-
SURANCE is liable to the assigned risk insurer for payment in full
of the net premium therefor for the time the insurance is in force.
An assigned risk THE plan PLAN may provide for a minimum net
earned premium of not exceeding $15.00 per automobile.

(3) (vii) An assigned risk insurer HEREUNDER shall upon
appropriate notice in accordance with Section 486F, of this article
cancel the insurance and return the unearned premium to the lender,
assignee, broker, or other person who is entitled to the same.

(3) (viii) The broker or procuring agent shall be allowed a
commission on assigned risk SUCH business of not less than 10 per
cent of the gross premium, [and no such plan] and no insurer may
require that the broker remit greater than the resulting net premium
after deduction of commissions under the Maryland Automobile In-
surance Plan.

SEC. 2. AND BE IT FURTHER ENACTED, THAT THIS ACT
SHALL TAKE EFFECT JUNE 1, 1966.

Approved April 29, 1966.

CHAPTER 463
(House Bill 921)

AN ACT to repeal and re-enact, with amendments, Section 38 (a) of
Article 66B of the Annotated Code of Maryland (1965 Supple-
ment), title "Zoning and Planning," subtitle "Historic Area Zon-
ing," to include Baltimore City in the historic area zoning laws.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 38 (a) of Article 66B of the Annotated Code of Mary-
land (1965 Supplement), title "Zoning and Planning," subtitle
"Historic Area Zoning," be and it is hereby repealed and re-enacted,
with amendments, to read as follows:

38.

(a) The preservation of structures of historic and architectural
value is a public purpose in this State. The board of county commis-
sioners or county council of every county in the State in those coun-
ties in which this subtitle is effective and the mayor and city council,

 

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Session Laws, 1966
Volume 678, Page 774   View pdf image (33K)   << PREVIOUS  NEXT >>


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