§ 23–505.1
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 23-505.1 (2026)
Title 23. Premium Financing
Subtitle 5. Prohibited Acts; Penalties
§ 23–505.1LinkCopy Citation
An insurer that markets through independent insurance producers as defined in this article may not:
(1)
refuse to issue or deny the issuance of a policy because premiums have been advanced by a registered premium finance company not affiliated with the insurer; or
(2)
require an insured to use a particular premium finance company or other installment plan.