<?xml version='1.0' encoding='utf-8'?>
<chapter num="07" heading="Installment Vendors Doing Business In Maryland (Such as Auto Dealers, Boat Dealers, Appliance Dealers, Loan Companies)" title_num="31" subtitle_num="03">
  <regulation prefix="Regulation" num=".01" heading="Violations.">
    <text>It has come to the attention of the Insurance Administration that installment vendors may be selling insurance in conjunction with their retail installment sales without proper insurance producers' licenses. These sales or service of insurance are violations of the Insurance Article, Annotated Code of Maryland, and this chapter.</text>
  </regulation>
  <regulation prefix="Regulation" num=".02" heading="Requirements.">
    <text>Installment vendors shall comply with the requirements of Insurance Article, §§1-201, 10-103, 10-130, and 10-131, Annotated Code of Maryland.</text>
  </regulation>
  <regulation prefix="Regulation" num=".03" heading="Employees To Read this Chapter.">
    <text>Installment vendors should make certain that this chapter of regulations is read by all their employees that may be affected by it.</text>
  </regulation>
  <annotations>
    <annotation type="Authority">Insurance Article, §§1-201, 2-109, 10-103, 10-130, and 10-131, Annotated Code of Maryland</annotation>
    <annotation type="History" subtype="Administrative History">Effective date: November 1, 1967</annotation>
    <annotation type="History" subtype="Administrative History">Amended effective May 1, 1968</annotation>
    <annotation type="History" subtype="Administrative History">Chapter recodified from COMAR 09.30.17 to COMAR 31.03.07 effective September 7, 1998 (25:18 Md. R. 1439)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .01 amended effective April 10, 2006 (33:7 Md. R. 675)</annotation>
    <annotation type="History" subtype="Administrative History">Regulation .04 repealed effective May 18, 2016 (43:6 Md. R. 412)</annotation>
  </annotations>
</chapter>