Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 13 - CREDIT LIFE AND CREDIT HEALTH INSURANCE
Chapter 31.13.03 - Standards for Credit Involuntary Unemployment Benefit Insurance
Section 31.13.03.13 - Remittance of Premiums to Insurer
Universal Citation: MD Code Reg 31.13.03.13
Current through Register Vol. 51, No. 19, September 20, 2024
A. Premiums shall be remitted to the insurer within 60 days of their due dates.
B. For purposes of this chapter, the deposit of premiums to any demand deposit account with the creditor or affiliate and the continued retention of the premiums in the deposit account for more than 60 days may not be deemed remittance to the insurer.
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