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2022 Maryland Statutes
Insurance
Title 9 - Impaired Entities
Subtitle 2 - Liquidation, Rehabilitation, Reorganization, and Conservation
Section 9-214 - Notice to Policyholders of Delinquency Proceeding
Universal Citation:
MD Insurance Code § 9-214 (2022)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Within 15 days after appointment as receiver or conservator for an insurer against which a delinquency proceeding has been commenced, the receiver or conservator shall notify each policyholder of the insurer, by letter or other means approved by the court, of the commencement of the delinquency proceeding and of the possibility that the insurance of the policyholder may be canceled.
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