Maryland Code > INSURANCE > Title 4 > Subtitle 3 – Risk Based Capital Standards for Insurers
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In Maryland Code > INSURANCE > Title 4 > Subtitle 3 - Risk Based Capital Standards for Insurers
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- certified mail: includes "registered mail"; and
(3) "registered mail" includes "certified mail". See - Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- including: means includes or including by way of illustration and not by way of limitation. See
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- 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
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See - Statute: A law passed by a legislature.
- Subpoena: A command to a witness to appear and give testimony.