§ 3–207
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 3-207 (2026)
Title 3. Kinds of Insurers
Subtitle 2. Reciprocal Insurers
§ 3–207LinkCopy Citation
(a)
A certificate of authority authorizes a reciprocal insurer to engage in one kind or a combination of kinds of insurance business, except for life insurance and health insurance other than as supplementary coverage in policies of liability insurance.
(b)
A certificate of authority authorizes a reciprocal insurer to purchase reinsurance and grant reinsurance as to any kind of insurance business in which the reciprocal insurer is authorized to engage.