# Insurance (GIN)

## Title 23. Premium Financing

### Subtitle 3. Premium Finance Agreements; Charges and Fees

#### Section 23-305

(a) A premium finance company may charge an initial service fee, which may not exceed $20, for actual expenses.

(b) The initial service fee may not be refunded on cancellation or repayment.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)