1566

LAWS OF MARYLAND

Ch. 272

Approved May 12, 1981.

CHAPTER 273

(Senate Bill 301)

AN ACT concerning

Maryland Automobile Insurance Fund -
Disciplinary Actions

FOR the purpose of authorizing the board of trustees of the
Maryland Automobile Insurance Fund to take certain
actions against certain agents and brokers who, after
demand has been made, fail to pay money that is due the
Fund; providing for notice and hearing prior to certain
actions of the board and, under certain circumstances
after action has been taken by the board; empowering
the board to adopt rules and regulations procedures
relating to the notice and hearings to be provided; and
in general establishing grounds and procedures for
administrative actions against certain agents and
brokers.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code

Section 243B

Annotated Code of Maryland

(1979 Replacement Volume and 1980 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be repealed, amended, or enacted to read as follows: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

243B.

(a) Subject to the provisions of this subtitle
generally and § 243D hereof in particular, the Fund is
authorized and shall sell, issue, and deliver, upon payment
of the premium set by the Fund, a policy of automobile
liability insurance to any Maryland resident who owns an
automobile validly registered with the Motor Vehicle
Administrator, or has a valid license to operate an
automobile issued by the Motor Vehicle Administrator, and
who does not owe to the Fund any unpaid insurance premium
with respect to a prior expired or cancelled policy, and who
either (i) has in good faith attempted to obtain a policy of
automobile liability insurance from at least two private
insurers authorized to write such a policy in this State and