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Session Laws, 1999
Volume 796, Page 3777   View pdf image
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(3) A private career school within the State that is approved by the
Maryland Higher Education Commission under § 11-202 of this article and that is
accredited by a national accrediting association that is approved by the United States
Department of Education.

(c) Moneys appropriated to the Commission for scholarships awarded under
this section that are not used by the end of the fiscal year shall be retained by the
Commission for use by the awarding Delegate in the Delegate Scholarship Program
during subsequent fiscal years.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
June 1, 1999.

Approved May 27, 1999.

CHAPTER 691
(House Bill 1179)

AN ACT concerning

Surplus Lines Insurance - Offers of Renewal

FOR the purpose of clarifying that surplus lines insurance may not be procured on
certain residential property that is insured by an authorized insurer if the
authorized insurer has offered to renew the policy on substantially the same
terms and conditions; and generally relating to the procurement of surplus lines
insurance.

BY repealing and reenacting, with amendments,
Article - Insurance
Section 3-306(a)
Annotated Code of Maryland
(1997 Volume and 1998 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:

Article - Insurance

3-306.

(a) Surplus lines insurance may be procured from an unauthorized insurer if:

(1)  for surplus lines insurance procured through a broker, the surplus
lines insurance is procured through a qualified surplus lines broker;

(2) subject to the provisions of § 3-306.1 of this subtitle, a diligent search
is made among the authorized insurers that are writing the particular kind and class
of insurance in the State;

 

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Session Laws, 1999
Volume 796, Page 3777   View pdf image
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