Maryland Code, INSURANCE 27-702
Terms Used In Maryland Code, INSURANCE 27-702
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Service of process: The service of writs or summonses to the appropriate party.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See
(2) The purpose of this subtitle is to subject to the jurisdiction of the Commissioner and the courts of the State those unauthorized insurers described in paragraph (1) of this subsection.
(3) In furtherance of this State interest, the General Assembly provides a method of substituted service of process on those unauthorized insurers described in paragraph (1) of this subsection.
(4) The General Assembly declares that by enacting this subtitle, the General Assembly is exercising:
(i) its power to protect the residents of the State; and
(ii) its powers and privileges under the McCarran-Ferguson Act, 15 U.S.C. §§ 1011 through 1015.
(b) The authority provided in this subtitle is in addition to any other powers of the State.
(c) This subtitle shall be construed liberally.