Maryland Statutes
Subtitle 1 - Stock Insurers and Mutual Insurers
Section 3-112 - Enforcement of Contingent Liability

(a)    The determination by the domestic mutual insurer of the total assessment under § 3-111 of this subtitle and the amount of each member’s assessment is considered prima facie correct.
    (b)    (1)    The domestic mutual insurer shall mail to each member, at the member’s last address of record with the domestic mutual insurer, notice of:
            (i)    the amount of the assessment to be paid; and
            (ii)    the period within which the assessment must be paid.
        (2)    The period within which the assessment must be paid may not be less than 20 days after notice.
    (c)    (1)    If a member fails to pay the assessment within the period specified in the notice, the domestic mutual insurer may bring suit to collect the assessment.
        (2)    Failure of the member to receive the notice mailed in accordance with subsection (b) of this section is not a defense in an action to collect the assessment.

Structure Maryland Statutes

Maryland Statutes

Insurance

Title 3 - Kinds of Insurers

Subtitle 1 - Stock Insurers and Mutual Insurers

Section 3-101 - Scope of Subtitle

Section 3-102 - Applicability of General Corporation Statutes and Insurance Article

Section 3-103 - Formation of Domestic Insurers

Section 3-104 - Approval of Articles of Incorporation and Charter

Section 3-105 - Prerequisites to Solicitation by Prospective Mutual Insurer

Section 3-106 - Assets Required for Mutual Insurer -- in General

Section 3-107 - Assets Required for Mutual Insurer -- Engaging in Business on Assessable Basis

Section 3-108 - Engaging in Additional Kinds of Insurance Business

Section 3-109 - Impairment of Required Surplus

Section 3-110 - Contingent Liability of Members

Section 3-111 - Levy of Assessment

Section 3-112 - Enforcement of Contingent Liability

Section 3-113 - Issuance of Nonassessable Policies

Section 3-114 - Participating Policies

Section 3-115 - Dividends

Section 3-116 - Loans to Insurers

Section 3-117 - Loans to and Guarantees of Obligations of Directors and Officers

Section 3-118 - Agreements to Pay Expenses of Management

Section 3-119 - Restrictions on Purchase and Sale of Equity Securities of Domestic Stock Insurers

Section 3-120 - Conversion of Stock Insurer to Mutual Insurer

Section 3-121 - Conversion of Mutual Insurer to Stock Insurer

Section 3-121.1 - Mutual Insurer Reorganization as Stock Insurer; Establishment of Mutual Insurance Holding Company

Section 3-122 - Consolidations, Mergers, and Share Exchanges of Stock Insurers

Section 3-123 - Consolidations and Mergers of Mutual Insurers

Section 3-123.1 - Mutual Insurers Forming a Business Combination

Section 3-124 - Bulk Reinsurance -- Stock Insurers

Section 3-125 - Bulk Reinsurance -- Mutual Insurers

Section 3-126 - Changes in Domicile of Insurers

Section 3-127 - Sale of Securities

Section 3-128 - Solicitations in Other States