Volume 772, Page 84 View pdf image |
Ch. 5 1993 LAWS OF MARYLAND monthly rate of: 2. The interest paid under this subparagraph shall be at the A. 1.5 percent from the 31st day through the 60th day; B. 2 percent from the 61st day through the 120th day; and; C. 2.5 percent after the 120th [day; and] DAY. 3. THE INTEREST PAID UNDER THIS SUBPARAGRAPH shall DRAFTER'S NOTE: Error: Incorrect codification in Article 48A, § 470U(b)(2)(ii). Occurred: Both Ch. 120 and Ch. 214, Acts of 1991 amended Article 48A, §§ 477AA. (b) (2) (ii) 1. If an insurer fails to comply with subparagraph (i) of this monthly rate of: 2. The interest paid under this subparagraph shall be at the A. 1.5 percent from the 31st day through the 60th day; B. 2 percent from the 61st day through the 120th day; and C. 2.5 percent after the 120th [day; and] DAY. 3. THE INTEREST PAID UNDER THIS SUBPARAGRAPH shall DRAFTER'S NOTE: Error: Incorrect codification in Article 48A, § 477AA(b)(2)(ii). Occurred: Both Ch. 120 and Ch. 214, Acts of 1991 amended Article 48A, §§ - 84 -
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Volume 772, Page 84 View pdf image |
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