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Session Laws, 1975
Volume 716, Page 1880   View pdf image
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1880

LAWS OF MARYLAND

[Ch. 311

(II) THE PREMIUM FOR A FULL YEAR.

(D)   COMPUTATION OF ASSESSMENT PER MEMBER.

THE ASSESSMENT ON A POLICY WHICH PROVIDES FOR
CONTINGENT LIABILITY SHALL BE COMPUTED ON THE BASIS OF
THE PREMIUMS EARNED ON THE POLICY DURING THE PERIOD TO
WHICH THE ASSESSMENT RELATES.

(E)   OFFSETS NOT ALLOWED.

A MEMBER MAY NOT HAVE AN OFFSET AGAINST ANY
ASSESSMENT FOR WHICH HE IS LIABLE BECAUSE OF ANY CLAIM
FOR AN UNEARNED PREMIUM OR LOSS PAYABLE.

REVISOR'S NOTE: This section presently appears as
Art. 48A, §260.

The only changes are in style.

6-511. ENFORCEMENT OF CONTINGENT LIABILITY.

(A)   ASSESSMENT PRIMA FACIE CORRECT.

AN ASSESSMENT MADE BY AN INSURER UNDER § 6-510 OF
THIS SUBTITLE AND THE AMOUNT OF THE ASSESSMENT TO BE PAID
BY EACH MEMBER AS DETERMINED BY THE INSURER IS CONSIDERED
PRIMA FACIE CORRECT.

(B)   NOTICE TO MEMBERS.

THE INSURER SHALL NOTIFY EACH MEMBER OF THE AMOUNT
OF THE ASSESSMENT TO BE PAID BY WRITTEN NOTICE MAILED TO
THE MEMBER AT HIS LAST ADDRESS OF RECORD WITH THE
INSURER.

(C)   FAILURE TO PAY ASSESSMENTS.

(1)   IF A MEMBER FAILS TO PAY THE ASSESSMENT
WITHIN THE PERIOD SPECIFIED IN THE NOTICE, THE INSURER
MAY INSTITUTE SUIT TO COLLECT THE ASSESSMENT. THE PERIOD
SPECIFIED IN THE NOTICE SHALL NOT BE LESS THAN 20 DAYS
AFTER NOTICE.

(2)    FAILURE OF THE MEMBER TO RECEIVE THE
NOTICE SO MAILED IS NOT A DEFENSE IN ANY ACTION TO
COLLECT THE ASSESSMENT.

REVISOR'S NOTE: This section presently appears as
Art. 48A, §261.

In subsection (c)(2) of this section, the
present reference to a failure to receive the
notice "within the time specified...for the

 

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Session Laws, 1975
Volume 716, Page 1880   View pdf image
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