Ch. 630

LAWS OF MARYLAND

CHAPTER 630

(Senate Bill 655)

AN ACT concerning

Insurance - Associations and Organizations - Pooling

FOR the purpose of giving certain associations and organizations
the right to pool for the purpose of purchasing certain
insurance; exempting certain associations and organizations
from certain laws regulating insurance; authorizing certain
public entities to pool together to purchase property
insurance or to self-insure property risks; defining certain
terms; and generally relating to pooling for the purpose of
purchasing insurance.

BY repealing and reenacting, with amendments,

Article 48A - Insurance Code
Section 231 and 482B
Annotated Code of Maryland
(1986 Replacement Volume)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article 48A- Insurance Code

231.

(a)  No insurer, whether an authorized insurer or an
unauthorized insurer, shall make available through any rating
plan or form, property, casualty or surety insurance, to any
firm, corporation, or association of individuals, any preferred
rate or premium based upon any fictitious group of such firm,
corporation, or association of individuals.

(b)  No form or plan of insurance covering any group or
combination of persons or risks shall be written or delivered
within or without this State to cover persons or risks in this
State at any preferred rate or on any form other than as offered
to persons not in the group or combination and to the public
generally, unless the form, plan of insurance, and the rates or
premiums to be charged therefor have been submitted to and
approved by the Commissioner as being not unfairly
discriminatory, and as not otherwise being in conflict with
subsection (a) above or with any provision of Subtitle 16 of this

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