(a) The assessment fee imposed on insurers under this subtitle is in lieu of any life insurance valuation fees and a reduction in specified insurance producer fees that the Commissioner had previously charged and collected under § 2-112 of this title.
(b) In determining adjusted premiums subject to the assessment fee, the Commissioner may use the premiums as stated in the report required under § 2-506(a) of this subtitle.
Structure Maryland Statutes
Title 2 - Maryland Insurance Administration
Subtitle 5 - Insurance Regulation Assessment
Section 2-502 - Annual Assessment Fee
Section 2-503 - Collection, Payment and Disposition of Fee
Section 2-504 - Fee in Lieu of Other Fees; Adjusted Premiums
Section 2-505 - Insurance Regulation Fund
Section 2-506 - Annual Report of Premiums; Alternative Statement