§ 20–513
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 20-513 (2026)
Title 20. Maryland Automobile Insurance Fund
Subtitle 5. Policies for Covered Vehicles
§ 20–513LinkCopy Citation
The Fund may refuse to accept further applications from a fund producer or may terminate the authority of the fund producer to bind coverage or both if:
(1)
the Fund finds that the fund producer has engaged in the practice of binding coverage in the Fund in violation of policies adopted by the Board of Trustees; or
(2)
after demand has been made by the Fund, the fund producer fails to pay money owed the Fund as a result of:
(i)
the binding or change of coverage; or
(ii)
a commission paid to the fund producer on a policy that is canceled after the effective date of coverage.