2013 Maryland Code
INSURANCE
§ 11-301 - Definitions
§11-301.
(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.
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.
