Volume 793, Page 803 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 36 (2) RENEW A POLICY THAT IS RENEWABLE AT THE OPTION OF THE REVISOR'S NOTE: This section is new language derived without substantive In subsections (a), (e), and (f) of this section, the references to In subsection (d) of this section, the reference to the "domestic mutual In subsections (e) and (f) of this section, the references to a "mutual insurer" Defined terms: "Alien insurer" § 1-101 3-114. PARTICIPATING POLICIES. (A) IN GENERAL. A DOMESTIC STOCK INSURER OR DOMESTIC MUTUAL INSURER MAY: (1) ISSUE ANY OR ALL OF ITS POLICIES WITH OR WITHOUT (2) CLASSIFY POLICIES ISSUED ON A PARTICIPATING AND (3) DETERMINE THE RIGHT TO PARTICIPATE AND THE EXTENT OF (B) STANDARDS FOR CLASSIFICATION OR DETERMINATION. THE CLASSIFICATION OF POLICIES OR DETERMINATION OF PARTICIPATION (C) LIFE INSURER. - 803 -
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Volume 793, Page 803 View pdf image |
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