Plain Text Law

§ 11–301

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 11-301 (2026)
Title 11. Insurance Rating Law
Subtitle 3. Competitive Rating

§ 11–301Copy Citation

(a)
In this subtitle the following words have the meanings indicated.
(b)
“Competitive market” means any market except those which, by application of the standards in § 11-306 of this subtitle, have been determined to be noncompetitive under § 11-308(c) of this subtitle.
(c)
“Market” means the interaction between buyers and sellers of a particular line of insurance in a geographical area consisting of not less than one entire county.