2013 Maryland Code
§ 11-230 - Prohibited policies; commissions authorized

MD Ins Code § 11-230 (2013) What's This?


(a) An insurer or officer, insurance producer, or representative of an insurer may not knowingly issue or deliver or knowingly allow the issuance or delivery of a policy or endorsement, certificate, or addition to the policy, except in accordance with the filings that are in effect for the insurer as provided in this subtitle.

(b) An insurer may pay or allow a commission to a licensed insurance producer of the insurer as compensation for procuring business.

Disclaimer: These codes may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.