Volume 799, Page 1163 View pdf image |
ROBERT L. EHRLICH, JR., Governor Ch. 69 Annotated Code of Maryland (2002 Replacement Volume and 2002 Supplement) BY repealing and reenacting, with amendments, SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF Article - Insurance 23-301.1. IN ADDITION TO FINANCING THE PREMIUM OF A SURPLUS LINES INSURANCE (1) PREMIUM RECEIPTS TAX THAT A SURPLUS LINES BROKER IS (2) POLICY FEE THAT A SURPLUS LINES BROKER IS ALLOWED TO (3) INSPECTION FEE THAT A SURPLUS LINES BROKER IS ALLOWED TO 23-304. The finance charge shall be computed: (1) on the amount of the entire premium loan advanced, INCLUDING ANY (2) from the inception date of the insurance contract or from the due (3) at a rate not exceeding 1.15% for each 30 days, charged in advance. SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect Approved April 22, 2003. - 1163 -
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Volume 799, Page 1163 View pdf image |
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