Maryland Code, INSURANCE 5-707
Current as of: 2023 | Check for updates
|
Other versions
While an insurer is solvent and complies with this article, the insurer may:
(1) demand, receive, sue for, and recover the income from the cash and government securities deposited by the insurer under this subtitle;
(2) substitute for any of the deposited cash or government securities, cash or government securities eligible for deposit under § 5-701(b) of this subtitle of equivalent or greater value; and
(3) inspect, at reasonable times, any deposit made by the insurer under this subtitle.