(a) An insurer may deposit cash or government securities eligible for deposit under § 5-701(b) of this subtitle in an amount greater than any deposit required or allowed under this article.
(b) (1) All or part of an excess deposit may be released to a solvent insurer on its request as provided in § 5-708(a)(2) of this subtitle.
(2) An excess deposit may be released to an insolvent insurer only as provided in § 5-708(a)(3) of this subtitle.
Structure Maryland Statutes
Title 5 - Assets, Liabilities, Reserves, and Investments of Insurers
Subtitle 7 - Administration of Deposits
Section 5-701 - Deposits of Assets
Section 5-702 - Trust Companies as Depositories; Responsibility of State
Section 5-703 - Purpose of Deposits
Section 5-704 - Excess Deposits
Section 5-705 - Deficiency of Deposit
Section 5-706 - Levy on Deposits by Judgment Creditors
Section 5-707 - Rights of Insurer During Solvency
Section 5-708 - Release of Deposits
Section 5-709 - Transfer or Release of Deposits After Merger or Consolidation