§ 5–707
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 5-707 (2026)
Title 5. Assets, Liabilities, Reserves, and Investments of Insurers
Subtitle 7. Administration of Deposits
§ 5–707LinkCopy Citation
While an insurer is solvent and complies with this article, the insurer may:
(1)
demand, receive, sue for, and recover the income from the cash and government securities deposited by the insurer under this subtitle;
(2)
substitute for any of the deposited cash or government securities, cash or government securities eligible for deposit under § 5-701(b) of this subtitle of equivalent or greater value; and
(3)
inspect, at reasonable times, any deposit made by the insurer under this subtitle.