2013 Maryland Code
§ 2-504 - Fee in lieu of other fees; adjusted premiums

MD Ins Code § 2-504 (2013) What's This?


(a) The assessment fee imposed on insurers under this subtitle is in lieu of any life insurance valuation fees and a reduction in specified insurance producer fees that the Commissioner had previously charged and collected under § 2-112 of this title.

(b) In determining adjusted premiums subject to the assessment fee, the Commissioner may use the premiums as stated in the report required under § 2-506(a) of this subtitle.

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