|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Martin O'Malley, Governor
|
|
|
|
|
H.B. 634
|
|
|
|
|
|
|
|
|
|
|
Dear Mr. Speaker:
In accordance with Article II, Section 17 of the Maryland Constitution, today I have
vetoed House Bill 634 - Insurance - Binders or Policies - Personal Insurance.
This bill applies provisions governing binders or contracts for temporary insurance to
personal insurance. The bill also establishes a 10-day notice period for cancellations
due to nonpayment of premium during the underwriting period.
Senate Bill 588, which was passed by the General Assembly and signed by me,
accomplishes the same purpose. Therefore, it is not necessary for me to sign House
Bill 634.
Sincerely,
Martin O'Malley
Governor
House Bill 634
AN ACT concerning
Insurance - Binders or Policies - Personal Insurance
FOR the purpose of providing that certain provisions of law regarding binders or
policies are applicable to personal insurance; altering certain notice
requirements for cancellation of a certain binder or policy for nonpayment of
premium: defining a certain term; providing for the application of this Act; and
generally relating to binders and policies of personal insurance.
BY repealing and reenacting, with amendments,
Article - Insurance
Section 12-106
Annotated Code of Maryland
(2003 Replacement Volume and 2006 Supplement)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Insurance
12-106.
(a) IN THIS SECTION, "PERSONAL INSURANCE" MEANS PROPERTY
INSURANCE OR CASUALTY INSURANCE ISSUED TO AN INDIVIDUAL, TRUST,
|
|
|
|
|
|
|
|
- 4729 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|