Plain Text Law

§ 5–706

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 5-706 (2026)
Title 5. Assets, Liabilities, Reserves, and Investments of Insurers
Subtitle 7. Administration of Deposits

§ 5–706Copy Citation

(a)
A judgment creditor or other claimant of an insurer may not levy on any of the cash or government securities held on deposit under this subtitle for the protection of the insurer’s policyholders and creditors.
(b)
A judgment creditor or other claimant of an insurer may levy on a deposit required under Title 6, Subtitle 3 of this article if allowed by the notice of the Commissioner requiring the deposit to be made.