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<section article="gin" article_name="Insurance" number="5-701" title_number="5" title_name="Assets, Liabilities, Reserves, and Investments of Insurers" subtitle_number="7" subtitle_name="Administration of Deposits">
  <level label="a">
    <text>When made through the Commissioner by insurers or health maintenance organizations, the Treasurer shall accept and hold in trust:</text>
    <level label="1">
      <text>deposits required under this article for a certificate of authority to engage in the insurance business in the State;</text>
    </level>
    <level label="2">
      <text>deposits required under § 19-710(d)(3) of   the Health - General Article for a certificate of authority to operate as a health maintenance organization;</text>
    </level>
    <level label="3">
      <text>deposits of domestic insurers, foreign insurers, or alien insurers required under the laws of another state, province, or country as a prerequisite for authority to engage in the insurance business in the other state, province, or country;</text>
    </level>
    <level label="4">
      <text>deposits allowed under § 5-704 of this subtitle; and</text>
    </level>
    <level label="5">
      <text>deposits required under Title 6, Subtitle 3 of this article.</text>
    </level>
  </level>
  <level label="b">
    <text>Deposits made under subsection (a) of this section shall be in any combination of:</text>
    <level label="1">
      <text>cash; or</text>
    </level>
    <level label="2">
      <text>the government securities described in § 5-510(b) or § 5-607(b)(1)(i), (ii), or (iii) of this title, as approved by the Treasurer.</text>
    </level>
  </level>
  <level label="c">
    <text>Deposits of government securities shall be registered, both as to principal and interest, in the name of the Treasurer as trustee.</text>
  </level>
</section>
