PARRIS N. GLENDENING, Governor

Ch. 35

(G) WAITING PERIOD; DEEMED APPROVAL; WITHDRAWAL OR AMENDMENT
OF FILING.

(1) (I) EXCEPT AS PROVIDED IN SUBSECTIONS (H) AND (I) OF THIS
SECTION, A FILING MAY NOT TAKE EFFECT UNTIL 30 WORKING DAYS AFTER IT IS
FILED WITH THE COMMISSIONER.

(II) BY WRITTEN NOTICE TO THE FILER DURING THE INITIAL
30-DAY WAITING PERIOD THAT THE COMMISSIONER NEEDS ADDITIONAL TIME FOR
CONSIDERATION OF THE FILING, THE COMMISSIONER MAY EXTEND THE WAITING
PERIOD FOR AN ADDITIONAL PERIOD NOT EXCEEDING 30 WORKING DAYS.

(2) ON WRITTEN APPLICATION BY THE FILER, THE COMMISSIONER MAY
AUTHORIZE A FILING THAT THE COMMISSIONER HAS REVIEWED TO BECOME
EFFECTIVE BEFORE THE EXPIRATION OF THE WAITING PERIOD OR ANY EXTENSION
OF THE WAITING PERIOD OR AT A LATER DATE.

(3) A FILING IS DEEMED APPROVED UNLESS DISAPPROVED BY THE
COMMISSIONER DURING THE WAITING PERIOD OR ANY EXTENSION OF THE
WAITING PERIOD.

(4) A FILING MAY BE WITHDRAWN OR AMENDED BY THE FILER AT ANY
TIME BEFORE APPROVAL.

(5) AFTER APPROVAL OR DISAPPROVAL OF A FILING, THE
WITHDRAWAL OR AMENDMENT OF THE FILING IS SUBJECT TO THE APPROVAL OF
THE COMMISSIONER IN ACCORDANCE WITH THIS SECTION.

(H) INLAND MARINE RISKS.

(1) INLAND MARINE RISKS THAT BY GENERAL CUSTOM OF THE
BUSINESS ARE NOT WRITTEN ACCORDING TO MANUAL RATES OR RATING PLANS
NEED NOT BE FILED.

(2) NOTWITHSTANDING PARAGRAPH (1) OF THIS SUBSECTION, SPECIFIC
INLAND MARINE RATES ON RISKS SPECIALLY RATED BY A RATING ORGANIZATION
SHALL BE FILED, BECOME EFFECTIVE WHEN FILED, AND REMAIN EFFECTIVE UNTIL
THE COMMISSIONER FINDS THE FILING DOES NOT MEET THE REQUIREMENTS OF
THIS SUBTITLE.

(I) SURETY OR GUARANTEE BONDS.

A SPECIAL FILING WITH RESPECT TO A SURETY OR GUARANTEE BOND
REQUIRED BY LAW, BY COURT, BY EXECUTIVE ORDER, OR BY ORDER, RULE, OR
REGULATION OF A PUBLIC BODY, NOT COVERED BY A PREVIOUS FILING SHALL
BECOME EFFECTIVE WHEN FILED AND REMAIN EFFECTIVE UNTIL THE
COMMISSIONER FINDS THAT THE FILING DOES NOT MEET THE REQUIREMENTS OF
THIS SUBTITLE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 242(d)(1) through (6), (8), (9), and the first
through fifth sentences of (7).

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