Volume 796, Page 4418 View pdf image |
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BY repealing and reenacting, with amendments, BY adding to Article — Insurance Section 5-1005 Annotated Code of Maryland (1997 Volume and 1998 Supplement) SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Insurance 5-1003. (a) (1) Subject to (2) An insurer's surplus to policyholders shall be determined at the time (i) the last sworn statement of the insurer on file with the (ii) the last examination report of the insurer. (b) In determining the amount of risk retained by an insurer, a deduction shall 5-1005.
THE COMMISSIONER MAY ESTABLISH BY REGULATION LIMITS ON THE RISK
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Volume 796, Page 4418 View pdf image |
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