PARRIS N. GLENDENING, Governor                             Ch. 685

[Subtitle 2. Fraud Prevention Fee.]
[6-201.

(a)    The Commissioner shall collect an annual fraud prevention fee as provided in
this subtitle.

(b)    The fraud prevention fee is in addition to any fees, penalties, charges, or
premium taxes imposed under this article.]

[6-202.

(a) (1) The fraud prevention fee is due and payable on or before October 1 of
each year.

(2) The Commissioner shall collect the fraud prevention fee.

(b) The total amount of the fraud prevention fee collected by the Commissioner
shall be deposited in the Insurance Fraud Division Fund for the sole purpose of funding
the activities of the Insurance Fraud Division.]

[6-203.

The fraud prevention fee shall be:

(1) for each insurer or other entity authorized to operate in the State under
this article:

(i) in 1995, $750; and

(ii) in 1996, and thereafter, $1,000; and

(2) $10 for each agent licensed by the Commissioner.]

[6-204.

The Commissioner may adopt regulations to implement any provision of this
subtitle.]

6-303.

(a) When by or pursuant to the laws of any other state or foreign country any
taxes, licenses and other fees OTHER THAN FEES SIMILAR TO THE INSURANCE
REGULATION FEE, in the aggregate, and any fines, penalties, deposit requirements or
other material obligations, prohibitions or restrictions are or would be imposed upon
Maryland insurers, or upon the agents or representatives of such insurers, which are in
excess of such taxes, licenses and other fees, in the aggregate, or which are in excess of
the fines, penalties, deposit requirements or other obligations, prohibitions, or
restrictions directly imposed upon the similar insurers, or upon the agents or
representatives of such insurers, of such other state or country under statutes of this
State, so long as such laws of such other state or country continue in force or are so
applied, the same taxes, licenses and other fees, in the aggregate, or fines, penalties or
deposit requirements or other material obligations, prohibitions, or restrictions of

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