2001 Regular Session

SENATE BILL 340

File Code: Insurance - Other than Health Crossfiled with: HOUSE BILL 543
Sponsored By:
Senator Astle
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

Senate Action
1/31
First Reading Finance
Hearing 2/20 at 1:00 p.m.
2/26
Unfavorable Report by Finance
House 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