Maryland Statutes
Title 3 - Kinds of Insurers
Subtitle 2 - Reciprocal Insurers

Section 3-201 - "Subscriber" Defined - In this subtitle, “subscriber” means a person that exchanges a...

Section 3-202 - Scope of Subtitle - Except as expressly provided otherwise in this subtitle, this subtitle...

Section 3-203 - Qualifications of Reciprocal Insurers - (a) A reciprocal insurer may be authorized to engage in...

Section 3-204 - Organization and Application for Certificate of Authority - (a) Twenty-five or more persons domiciled in the State may...

Section 3-205 - Bond of Attorney in Fact - (a) (1) When filing the declaration required by § 3-204...

Section 3-206 - Issuance of Certificate of Authority - After payment of the applicable fee required by § 2-112...

Section 3-207 - Scope of Certificate of Authority - (a) A certificate of authority authorizes a reciprocal insurer to...

Section 3-208 - Denials, Suspensions, and Revocations - In addition to any other grounds for denial, suspension, or...

Section 3-209 - Business Name; Authority to Sue - A reciprocal insurer: (1) shall have and use a business...

Section 3-210 - Annual Statement - The annual statement of a reciprocal insurer shall: (1) be...

Section 3-211 - Financial Condition of Reciprocal Insurer - (a) The Commissioner shall determine the financial condition of a...

Section 3-212 - Attorney in Fact; Power of Attorney - (a) The attorney in fact of a reciprocal insurer may...

Section 3-213 - Subscribers - (a) An individual, partnership, or corporation of the State may...

Section 3-214 - Subscribers' Advisory Committee - (a) The advisory committee of a domestic reciprocal insurer that...

Section 3-215 - Modification of Subscribers' Agreement or Power of Attorney - (a) Modification of the terms of the subscribers' agreement or...

Section 3-216 - Liability of Subscribers - (a) (1) Except as to a nonassessable policy, each subscriber...

Section 3-217 - Assessments - (a) Assessments periodically may be levied on the subscribers of...

Section 3-218 - Extinguishing Subscribers' Liability and Issuance of Nonassessable Policies - (a) If a reciprocal insurer has a surplus of assets...

Section 3-219 - Savings - (a) (1) The attorney in fact of a reciprocal insurer:...

Section 3-220 - Advances of Money - (a) This section does not apply to bank loans or...

Section 3-221 - Mergers and Conversions - (a) A domestic reciprocal insurer may merge with another reciprocal...

Section 3-222 - Impaired Reciprocal Insurers - (a) If the assets of a reciprocal insurer at any...