Maryland Statutes
Title 20 - Maryland Automobile Insurance Fund
Subtitle 4 - Industry Automobile Insurance Association

Section 20-401 - Established - There is an Industry Automobile Insurance Association.

Section 20-402 - Composition - (a) The Association consists of all insurers except for the...

Section 20-403 - Board of Directors - (a) There is a Board of Directors to administer the...

Section 20-404 - Certification of Operating Loss and Assessment Limit - (a) On or before March 15 of each year, the...

Section 20-405 - Assessments Generally - (a) In this section, “net direct written premiums” means direct...

Section 20-406 - Authorization to Impose Assessment Surcharges - (a) (1) The Commissioner promptly shall review the assessment allocation...

Section 20-407 - Election to Impose Assessment Surcharges - (a) On or before June 30 of each year, each...

Section 20-408 - Collection of Assessment Surcharges - (a) (1) Each Association member shall apply and collect any...

Section 20-409 - Adjustments to Assessment Surcharges - (a) If the aggregate amount of assessment surcharges received by...

Section 20-410 - Insufficiency Assessment Reserve Fund - (a) There is an Insufficiency Assessment Reserve Fund. (b) The...

Section 20-411 - Status of Money Received by Fund - (a) All money that the Fund receives from the Association...