clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1968
Volume 683, Page 906   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

906                             LAWS OF MARYLAND                       CH. 487

CHAPTER 487

(Senate Bill 11)

AN ACT to repeal Section 200 of Article 48A of the Annotated Code
of Maryland (1964 Replacement Volume), title "Insurance Code,"
subtitle "13. Surplus Lines," and to repeal and re-enact, with
amendments, Section 201(a) of the said Article of the Code, sub-
title "14. Unauthorized Insurers," and to repeal Sections 202
through 211, inclusive, of the said Article and subtitle of the Code,
and to enact new Sections 202 through 211A, inclusive, in lieu
thereof, to stand in the place of the sections so repealed, to provide
for substituted service of process upon both the Secretary of State
and the Insurance Commissioner, as to certain insurance companies
doing business in this State, to require the payment of premium
tax by unauthorized insurers or persons insured by such insurers,
and to provide penalties against unauthorized insurers doing in-
surance business in Maryland.

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 200 of Article 48A of the Annotated Code of Maryland
(1964 Replacement Volume), title "Insurance Code," subtitle "13.
Surplus Lines," be and it is hereby repealed.

Sec. 2. And be it further enacted, That Section 201(a) of the
said Article of the Code, subtitle "14. Unauthorized Insurers," be
and it is repealed and re-enacted, with amendments, and that Sec-
tions 202 through 211, inclusive, be and they are hereby repealed,
and that new Sections 202 through 211A be and they are enacted in
lieu thereof, to stand in the place of the sections so repealed, and all
to read as follows:

201.

(a) No person shall in this State directly or indirectly act as
agent for, or otherwise represent or aid on behalf of another, any
insurer not then authorized to transact insurance business in this
State, in the solicitation, negotiation or effectuation of insurance or
of annuity contracts, inspection of risks, fixing of rates, investiga-
tion or adjustment of losses, collection of premiums, or in any other
manner in the transaction of insurance business with respect to sub-
jects of insurance resident, located or to be performed in this State.

This section shall not apply to:

(1)    Acceptance of service of process, [by the Commissioner
under Section 205.]

(2)    Surplus lines insurance, and other transactions as to which
certificate of authority is not required of an insurer as stated in
Section 43.

(3)    Reinsurance as authorized by Section 74.

(4)    To the services of an adjuster with respect to claims under
policies lawfully solicited, issued and delivered outside Maryland.

(5)    To the professional services of an attorney at law.

 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1968
Volume 683, Page 906   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 11, 2023
Maryland State Archives