Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 05 - ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS
Chapter 31.05.08 - Credit for Reinsurance
Section 31.05.08.22 - Other Security
Universal Citation: MD Code Reg 31.05.08.22
Current through Register Vol. 51, No. 19, September 20, 2024
A ceding insurer may take credit for unencumbered funds that are:
A. Withheld by the ceding insurer in the United States;
B. Subject to withdrawal solely by the ceding insurer; and
C. Under the exclusive control of the ceding insurer.
Disclaimer: These regulations may not be the most recent version. Maryland may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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