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Ch. 471
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1450
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LAWS OF MARYLAND
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through those other types of policies are especially prone to
arson.
(d) The Insurance Commissioner, shall promulgate the
antiarson application form, and shall consider generally
recognized two-tier application forms. If the initial first tier
application elicits certain predesignated answers, then the
applicant shall be required to complete a second tier
supplementary application. The two-tiered application shall
secure the disclosure of information including, but not limited
to:
(1) The name and address of the applicant of any
mortgages, and of any other parties who have an ownership
interest in the property;
(2) The amount of insurance requested and the method
of valuation used to establish that amount;
(3) The dates and selling prices of the property in
all real estate transactions involving it during the last 3
years;
(4) The applicant's loss history over the last 5
years with regard to any property in which he held a substantial
interest] AN EQUITY including a partnership interest or a
mortgage and where any fire loss exceeded [25 percent of the
insured value] $1,000 IN DAMAGES;
(5) All taxes unpaid or overdue for 1 or more
years[;] and ANY MORTGAGE PAYMENTS OVERDUE BY 3 MONTHS OR MORE;
(6) ALL CURRENT VIOLATIONS OF FIRE, SAFETY, HEALTH,
BUILDING, OR CONSTRUCTION CODES ON THE PROPERTY TO BE INSURED;
AND
[(6)] (7) The present occupancy of the structure.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 24, 1983.
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CHAPTER 472
(House Bill 1044)
AN ACT concerning
Frederick County - Bond Issue for
Frederick Memorial Hospital, Inc.
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