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Session Laws, 1989
Volume 771, Page 954   View pdf image
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Ch. 5

LAWS OF MARYLAND

due as a penalty. If any attorney fails to pay the tax due under
this section, on or before the date fixed for its payment, the
full amount of all the tax due the [State] STATE, together with
any interest, penalty, or addition to the tax, shall be a lien in
favor of the State upon all property and all rights to property,
real or personal, belonging to the person in accordance with
Title 13, Subtitle 8, Part II of the Tax - General Article.

DRAFTER'S NOTE:

Error: Erroneous cross-reference and omitted comma in
Article 48A, § 570(c).

Occurred: Erroneous cross-reference occurred as a
result of Ch. 569, Acts of 1988. Omitted comma
occurred in Ch. 281, Acts of 1986.

617.

(k) "Risk retention group" means any corporation or other
limited liability association formed under the laws of any state,
Bermuda, or the Cayman Islands:

(3) Which:

(ii) 1. Before January 1, 1985, was chartered
or licensed and authorized to engage in the business of insurance
under the laws of Bermuda or the Cayman Islands [and] AND, before
that [date] DATE, had certified to the insurance commissioner of
at least 1 state that it satisfied the capitalization
requirements of such state; and

DRAFTER'S NOTE:

Error: Omitted comma in Article 48A, §
617(k)(3)(ii)l.

Occurred: Ch. 396, Acts of 1987.

628.

(a)  Any person acting, or offering to act, as an agent or
broker for a risk retention group or purchasing group, which
solicits members, sells insurance coverage, purchases coverage
for its members located within the State, or otherwise does
business in this [State] STATE, shall, before commencing any such
activity, obtain a license from the Commissioner.

(b) (1) Each agent or broker acting on behalf of a risk
retention group or purchasing [group] GROUP, which solicits
members, sells insurance coverage, purchases coverage for its
members located within this State, or otherwise does business in

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Session Laws, 1989
Volume 771, Page 954   View pdf image
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