§ 4–109
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 4-109 (2026)
Title 4. General Requirements for Insurers
Subtitle 1. Certificates of Authority
§ 4–109LinkCopy Citation
(a)
Within a reasonable time after the filing of a completed application for an initial certificate of authority, the Commissioner shall:
(1)
issue an appropriate certificate of authority; or
(2)
disapprove the application and state the grounds for disapproval.
(b)
On request of an insurer, the Commissioner may issue a certificate of authority limited to a particular type of insurance or insurance coverage within the scope of a kind of insurance.