WILLIAM DONALD SCHAEFER, Governor

Ch. 29

(4)  The amount and nature of initial capitalization;

(5)  The coverages to be afforded; and

(6)  The states in which the group intends to operate.

(d) (1) UPON RECEIPT OF THIS INFORMATION, THE COMMISSIONER
SHALL FORWARD THE INFORMATION TO THE NATIONAL ASSOCIATION OF
INSURANCE COMMISSIONERS.

(2) Providing notification to the National
Association of Insurance Commissioners shall be in addition to
and may not be sufficient to satisfy the requirements of any
other section of this subtitle.

619.

Risk retention groups chartered AND LICENSED in a state
other than this State, and seeking to do business as a risk
retention group in this State, shall observe and abide by the
laws of this State as follows:

(a) Before offering insurance in this State, [and in order
to continue to offer insurance in this State,] a risk retention
group shall submit to the Commissioner:

(1)  A statement identifying:

(i) The state or states in which the risk
retention group is chartered and licensed as a liability
insurance company;

(ii) The date of chartering and licensing;

(iii) Its principal place of business; and

(iv) Any other information, including
information on its membership, as the Commissioner may require to
verify that the risk retention group is qualified under § 617(k)
of this subtitle;

(2)  (i) A copy of its plan of operation or
feasibility study and revisions of such plan or study submitted
to [its state of domicile] THE STATE IN WHICH THE GROUP IS
CHARTERED AND LICENSED;

(ii) The provision of paragraph (2)(i) of this
subsection does not apply to any line or classification of
liability insurance which:

1. Was defined in the Product Liability
Risk Retention Act of 1981 prior to October 27, 1986; and

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