Maryland Insurance Section 5-704

Article - Insurance

§ 5-704.

      (a)      An insurer may deposit cash or government securities eligible for deposit under § 5-701(b) of this subtitle in an amount greater than any deposit required or allowed under this article.

      (b)      (1)      All or part of an excess deposit may be released to a solvent insurer on its request as provided in § 5-708(a)(2) of this subtitle.

            (2)      An excess deposit may be released to an insolvent insurer only as provided in § 5-708(a)(3) of this subtitle.



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