Ch. 456 1996 LAWS OF MARYLAND
certain time; requiring insurers to file renewal applications and continuation fees on
or before a certain date; requiring allowing the Commissioner to issue a certain
order under certain circumstances; providing that insurers that fail to renew a
certificate of authority in a timely manner shall forfeit a certain penalty; clarifying
the a certain definition of relating to a third party administrator; requiring the
Maryland Insurance Administration to report to certain committees by a certain date on
the number of insurers that have faded to renew a certificate of authority in a timely
manner and any actions taken against such insurers by the Administration; providing
for the effective date of certain provisions of this Act; providing for the future
codification of certain provisions of this Act; and generally relating to the regulation
of certificates of authority, reports, and third party administrators.
BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 23, 54, and 681(f)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)
BY repealing
Article 48A - Insurance Code
Section 14A(e)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)
BY repealing and reenacting, with amendments,
Article - Insurance
Section 2-110, 4-112(b), and 8-301(f)
Annotated Code of Maryland
(1995 Volume)
(As enacted by Chapter 36 of the Acts of the General Assembly of 1995)
BY adding to
Article - Insurance
Section 4-112(e)
Annotated Code of Maryland
(1995 Volume)
(As enacted by Chapter 36 of the Acts of the General Assembly of 1995)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
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