(a) An affidavit that sets forth the facts referred to in § 3–306 of this subtitle and any other facts required by the Commissioner must be personally executed by the surplus lines broker or the originating insurance producer at the time the surplus lines insurance is placed.
(b) The affidavit must be filed with the Commissioner on or before the 45th day after the last day of the calendar quarter in which the surplus lines insurance was placed.
(c) For short–term medical insurance procured from a nonadmitted insurer under this subtitle, the affidavit shall include, for each declining authorized insurer, the reason for the declination.
Structure Maryland Statutes
Subtitle 3 - Surplus Lines Insurance
Section 3-302 - Scope of Subtitle
Section 3-303 - Placement of Insurance With Alien Insurer
Section 3-305 - Compliance With Filing Requirement
Section 3-306 - Procuring Surplus Lines Insurance Authorized
Section 3-306.1 - Diligent Search -- When Deemed Completed or Unnecessary
Section 3-306.2 - Disability Insurance and Short-Term Medical Insurance -- Nonadmitted Insurers
Section 3-308 - Endorsement of Contract or Confirmation
Section 3-309 - Validity of Surplus Lines Insurance Contract
Section 3-310 - Certificate of Qualification Required for Surplus Lines Broker; Exceptions
Section 3-311 - Qualifications of Applicants
Section 3-312 - Applications for Certificate of Qualification
Section 3-314 - Issuance of Certificate of Qualification
Section 3-315 - Scope of Certificate of Qualification
Section 3-316 - Term and Renewal of Certificate of Qualification
Section 3-316.1 - Reinstatement of Certificate of Qualification
Section 3-317 - Suspensions and Revocations
Section 3-318 - Approval of Surplus Lines Insurer
Section 3-319 - Placement of Surplus Lines Insurance Prohibited
Section 3-320 - Receipt of Premium by Surplus Lines Broker
Section 3-321 - Delivery of Policy, Binder, or Cover Note
Section 3-324 - Premium Receipts Tax on Surplus Lines Insurance
Section 3-325 - Report of Premium Receipts and Payment of Tax
Section 3-326 - Delivery of False Binder or Cover Note Prohibited