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Legislation


2001 Regular Session

HOUSE BILL 543

File Code: Insurance - Other than Health Crossfiled with: SENATE BILL 340
Sponsored By:
Delegate Gordon
Entitled:
Premium Finance Agreements - Delinquency and Collection Charge - Cancellation Charge

Synopsis:

Altering the maximum amount of a delinquency and collection charge with respect to private passenger automobile or personal fire or liability insurance that may be imposed under a premium finance agreement; and altering the amount of a cancellation charge with respect to private passenger automobile or personal fire or liability insurance that may be imposed under a premium finance agreement.

History by Legislative Date

House Action
2/5
First Reading Economic Matters
2/14
Hearing 2/28 at 1:00 p.m.
3/20
Unfavorable Report by Economic Matters
Senate Action
No Action
Bill indexed under the following Subjects:
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
FEES -see also- DEVELOPMENT FEES AND TAXES
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
MOTOR VEHICLE INSURANCE -see also- MD AUTO INSURANCE FUND
Bill affects the following Statutes:
Insurance
( 23-306 , 23-307 )

Documents:

Bill Text: First Reading (PDF), Third Reading, Enrolled
Fiscal Note: Available (PDF)
Amendments: None offered
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