2013 Maryland Code
INSURANCE
§ 8-211 - Acts of managing general agent deemed acts of insurer; insolvency of managing general agent


MD Ins Code § 8-211 (2013) What's This?

§8-211.

(a) The acts of a managing general agent are deemed to be the acts of the insurer for whom the managing general agent is acting.

(b) If a managing general agent becomes insolvent, the obligations of the managing general agent with respect to policyholders of an insurer shall be assumed by that insurer.

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