Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 03 - INSURANCE PRODUCERS AND OTHER INSURANCE PROFESSIONALS
Chapter 31.03.06 - Surplus Lines
Section 31.03.06.08 - Illegal Coverage
Universal Citation: MD Code Reg 31.03.06.08
Current through Register Vol. 51, No. 19, September 20, 2024
A surplus lines broker may not place with an unauthorized insurer any risk, whether individual or group, including any fictitious fleet or fictitious group, which is not eligible for placement with authorized insurers under the provisions of the Insurance Article, Annotated Code of Maryland.
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