# Insurance (GIN)

## Title 23. Premium Financing

### Subtitle 4. Cancellation of Insurance Contract Under Power of Attorney

#### Section 23-406

Whenever an insurance contract is canceled in accordance with this subtitle, the premium finance company may not collect from an insured an amount due under the premium finance agreement that is less than $5.

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