When in connection with a premium finance agreement a power of attorney or other authority to cancel an insurance contract on behalf of an insured is given to a premium finance company, the premium finance company may not cancel the insurance contract except in accordance with this subtitle.
Structure Maryland Statutes
Subtitle 4 - Cancellation of Insurance Contract Under Power of Attorney
Section 23-401 - Compliance With Subtitle Required
Section 23-401.1 - Notice to Insured
Section 23-402 - Notice of Intent to Cancel
Section 23-403 - Cancellation of Insurance Contract
Section 23-403.1 - Effect of Dishonored Down Payment
Section 23-404 - Notice to Third Parties of Cancellation
Section 23-405 - Return of Premium After Cancellation
Section 23-406 - Limitation on Collection After Cancellation