Plain Text Law

§ 8–211

Statutes in effect as of October 1, 2026.

Md. Code Ann., Ins. § 8-211 (2026)
Title 8. Entities That Act as Insurers
Subtitle 2. Managing General Agents

§ 8–211Copy Citation

(a)
The acts of a managing general agent are deemed to be the acts of the insurer for whom the managing general agent is acting.
(b)
If a managing general agent becomes insolvent, the obligations of the managing general agent with respect to policyholders of an insurer shall be assumed by that insurer.