2013 Maryland Code
§ 11-301 - Definitions

MD Ins Code § 11-301 (2013) What's This?


(a) In this subtitle the following words have the meanings indicated.

(b) “Competitive market” means any market except those which, by application of the standards in § 11-306 of this subtitle, have been determined to be noncompetitive under § 11-308(c) of this subtitle.

(c) “Market” means the interaction between buyers and sellers of a particular line of insurance in a geographical area consisting of not less than one entire county.

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