Volume 793, Page 975 View pdf image |
PARRIS N. GLENDENING, Governor Ch. 36 5-609. UNLAWFULLY ACQUIRED INVESTMENTS. (A) DISPOSAL REQUIRED. EACH INSURER SHALL DISPOSE OF ANY INVESTMENTS ACQUIRED IN (B) DEDUCTION OF INELIGIBLE INVESTMENT. IN ANY DETERMINATION OF THE FINANCIAL CONDITION OF AN INSURER WITH REVISOR'S NOTE: This section is new language derived without substantive Defined term: "Insurer" § 1-101 SUBTITLE 7. ADMINISTRATION OF DEPOSITS. (A) IN GENERAL. WHEN MADE THROUGH THE COMMISSIONER BY INSURERS OR HEALTH (1) DEPOSITS REQUIRED UNDER THIS ARTICLE FOR A CERTIFICATE OF (2) DEPOSITS REQUIRED UNDER § 19-710(D)(3) OF THE HEALTH - (3) DEPOSITS OF DOMESTIC INSURERS, FOREIGN INSURERS, OR ALIEN (4) DEPOSITS ALLOWED UNDER § 5-704 OF THIS SUBTITLE; AND (5) DEPOSITS REQUIRED UNDER § X-XXX [ART. 48A, § 61] OF THIS (B) ASSETS ELIGIBLE FOR DEPOSIT. DEPOSITS MADE UNDER SUBSECTION (A) OF THIS SECTION SHALL BE IN ANY (1) CASH; OR - 975 -
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Volume 793, Page 975 View pdf image |
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