Plain Text Law

§ 23–401

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 23-401 (2026)
Title 23. Premium Financing
Subtitle 4. Cancellation of Insurance Contract Under Power of Attorney

§ 23–401Copy Citation

When in connection with a premium finance agreement a power of attorney or other authority to cancel an insurance contract on behalf of an insured is given to a premium finance company, the premium finance company may not cancel the insurance contract except in accordance with this subtitle.