2013 Maryland Code
§ 4-208 - Contracts of unauthorized insurers not enforceable

MD Ins Code § 4-208 (2013) What's This?


(a) This section does not apply to:

(1) lawfully procured surplus lines insurance; or

(2) insurance contracts that are independently procured through negotiations occurring entirely outside of the State and that are reported and on which the premium tax is paid under §§ 4-210 and 4-211 of this subtitle.

(b) An unauthorized insurer may not enforce an insurance contract effective in the State and entered into by the unauthorized insurer.

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