§ 4–208
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 4-208 (2026)
Title 4. General Requirements for Insurers
Subtitle 2. Unauthorized Insurers
§ 4–208LinkCopy Citation
(a)
This section does not apply to:
(1)
lawfully procured surplus lines insurance; or
(2)
insurance contracts that are independently procured through negotiations occurring entirely outside of the State and that are reported and on which the premium tax is paid under §§ 4-210 and 4-211 of this subtitle.
(b)
An unauthorized insurer may not enforce an insurance contract effective in the State and entered into by the unauthorized insurer.