<?xml version='1.0' encoding='utf-8'?>
<regulation prefix="Regulation" num=".01" citation="COMAR 31.06.01.01" title_num="31" subtitle_num="06" chapter_num="01" heading="Authority and Purpose.">
  <paragraph num="A.">
    <text>Pursuant to the authority contained in  Insurance Article, Title 6, Subtitle 1, Annotated Code of Maryland, the State Insurance Commissioner prescribes by this chapter the methods of allocating the gross direct premium for business transacted by insurers.</text>
  </paragraph>
  <paragraph num="B.">
    <text>The purpose of this chapter is to establish a uniform method for determining how premiums are to be allocated for premium tax purposes, and to make clear what that method is.</text>
  </paragraph>
</regulation>