§ 5-701 Deposits of assets
§ 5-702 Trust companies as depositories; responsibility of State
§ 5-703 Purpose of deposits
§ 5-704 Excess deposits
§ 5-705 Deficiency of deposit
§ 5-706 Levy on deposits by judgment creditors
§ 5-707 Rights of insurer during solvency
§ 5-708 Release of deposits
§ 5-709 Transfer or release of deposits after merger or consolidation
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Terms Used In Maryland Code > INSURANCE > Title 5 > Subtitle 7 - Administration of Deposits

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • state: means :

    (1) a state, possession, territory, or commonwealth of the United States; or

    (2) the District of Columbia. See
  • Trustee: A person or institution holding and administering property in trust.