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Session Laws, 1980
Volume 739, Page 3139   View pdf image
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HARRY HUGHES, Governor                             3139

Annotated Code of Maryland

(1979 Replacement Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 48A - Insurance Code

230.

(b) [No]A person [shall] willfully MAY NOT collect as
premium or charge for insurance any sum in excess of or less
than the premium or charge applicable to [such] THE
insurance, in accordance with the applicable classifications
and rates as filed with and approved by the Commissioner;
or, in cases where classifications, premiums, or rates are
not required by this article to be so filed and approved,
[such] THE premiums and charges shall not be in excess of or
less than those specified in the policy and as fixed by the
insurer. This provision [shall] MAY not be deemed to
prohibit the charging and collection, by surplus line agents
licensed under Subtitle 13 of this article, of the amount of
applicable State and federal taxes in addition to the
premium required by the insurer. Nor shall it be deemed to
prohibit the charging and collection by a life insurer, of
amounts actually to be expended for medical examination of
an applicant for life insurance or for reinstatement of a
life insurance policy. Nor may it be deemed to prohibit
brokers from charging a fee, not to exceed 15 percent of the
policy premium, for services rendered in the replacement of
insurance in a company where no commissions are payable by
the insurer. Nor shall it be deemed to prohibit the
charging and collection, by agents or brokers, of actual
expenses incurred in the placement of automobile insurance
through the Maryland Automobile Insurance Fund with a
maximum charge of [$5.00] $10 plus the actual charge by the
Motor Vehicle Administration for any driving record required
to be presented with the application, unless provided
otherwise by the Fund.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1980.

Approved May 27, 1980.

CHAPTER 864
(House Bill 1319)
AN ACT concerning

 

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Session Laws, 1980
Volume 739, Page 3139   View pdf image
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