Maryland Code, INSURANCE 2-212
Terms Used In Maryland Code, INSURANCE 2-212
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
- Person: includes an individual, receiver, trustee, guardian, personal representative, fiduciary, representative of any kind, corporation, partnership, business trust, statutory trust, limited liability company, firm, association, or other nongovernmental entity. See
(i) before the effective date of the order; or
(ii) within 10 days after the order is served.
(2) Paragraph (1) of this subsection does not apply to an action taken or proposed under an order:
(i) resulting from a hearing;
(ii) resulting from a final decision of the Insurance Commissioner on a complaint in an emergency case under § 15-10A-04 of this article; or
(iii) based on impairment of assets or unsound financial condition of an insurer.
(b) If the Commissioner does not grant a written request for a stay, the aggrieved person may apply to the Circuit Court for Baltimore City for a stay of the proposed action of the Commissioner.