2013 Maryland Code
§ 3-215 - Modification of subscribers' agreement or power of attorney

MD Ins Code § 3-215 (2013) What's This?


(a) Modification of the terms of the subscribers’ agreement or power of attorney of a domestic reciprocal insurer shall be made jointly by the attorney in fact of the reciprocal insurer and the subscribers’ advisory committee.

(b) A modification described in subsection (a) of this section is not effective retroactively and does not apply to an insurance contract issued before the modification.

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