File Code: Insurance - Other than Health
- Sponsored By:
-
Senator Bromwell
- Entitled:
-
Insurance - Life Settlement Act
Requiring a person to obtain a license from the Maryland Insurance
Commissioner before the person acts as a provider, sales agent, or
broker in the State in connection with a life settlement contract or a
purchase agreement; prohibiting the use of a person to perform
specified functions unless the person holds a specified license;
requiring an applicant for a license to file an application in a
specified manner, pay a fee of $150, and submit specified information
and documentation to the Commissioner; etc.
Senate Action
- 1/31
- First Reading Finance
- 2/1
- Hearing 2/26 at 1:00 p.m.
- 2/22
- Hearing cancelled
- Hearing 2/27 at 1:00 p.m.
- 3/7
- Withdrawn
House Action
- No Action
- Bill indexed under the following Subjects:
- AGENTS AND BROKERS
- CONSUMER PROTECTION -see also- UNFAIR TRADE PRACTICES
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
- DEATH -see also- ADVANCE MEDICAL DIRECTIVES; WRONGFUL DEATH.
- DISCLOSURE
- DISEASES -see also- AIDS; RABIES
- FEES -see also- DEVELOPMENT FEES AND TAXES
- FORMS
- INSURANCE ADMINISTRATION
- INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
- LICENSES -see also- ALCOHOLIC BEV LIC; DRIVERS' LICENSES
- LOANS -see also- MORTGAGES
- NONRESIDENTS -see also- ALIENS
- NOTICES
- PENALTIES
- RECORDS -see also- LAND RECORDS; VITAL RECORDS
- RESTITUTION
- RULES AND REGULATIONS
- Bill affects the following Statutes:
- Insurance
- (
8-601 ,
8-602 ,
8-603 ,
8-604 ,
8-605 ,
8-606 ,
8-607 ,
8-608 ,
8-609 ,
8-610 ,
8-611 ,
8-612 ,
8-613 ,
8-614 ,
8-615 ,
8-616 ,
8-617 ,
8-618 ,
8-619
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered