2013 Maryland Code
INSURANCE
§ 3-207 - Scope of certificate of authority


MD Ins Code § 3-207 (2013) What's This?

§3-207.

(a) A certificate of authority authorizes a reciprocal insurer to engage in one kind or a combination of kinds of insurance business, except for life insurance and health insurance other than as supplementary coverage in policies of liability insurance.

(b) A certificate of authority authorizes a reciprocal insurer to purchase reinsurance and grant reinsurance as to any kind of insurance business in which the reciprocal insurer is authorized to engage.

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