Maryland Statutes
Subtitle 4 - Cancellation of Insurance Contract Under Power of Attorney
Section 23-404 - Notice to Third Parties of Cancellation

(a)    All statutory, regulatory, and contractual restrictions that provide that the insured may not cancel an insurance contract unless notice is given to a governmental agency, mortgagee, or other third party shall apply to a cancellation made under this subtitle.
    (b)    If an insurer is required under subsection (a) of this section to give notice on behalf of itself or the insured, the insurer shall:
        (1)    give notice to the governmental agency, mortgagee, or other third party; and
        (2)    compute the effective date of cancellation from the day the insurer receives the notice of cancellation from the premium finance company.

Structure Maryland Statutes