2005 Regular Session

HOUSE BILL 726

File Code: Insurance - Other than Health
Sponsored By:
Chairman, Economic Matters Committee (By Request - Departmental - Insurance Administration, Maryland)
Entitled:
Insurance - Ownership of Expirations by Insurance Producers

Synopsis:

Clarifying that specified insurance producers retain ownership rights in specified policy expirations after the termination of an agency agreement; and defining the term "business".

History by Legislative Date

House Action
2/8
First Reading Economic Matters
2/9
Hearing 2/22 at 1:00 p.m.
Senate Action
No Action

Sponsored by:

Econ. Matters Comm., Chairman
Departmental
Ins. Administration, MD

Bill indexed under the following Subjects:

COMMERCE AND BUSINESS -see also- DEALERS; TRADERS; etc
INSURANCE -see also- HEALTH INS; MAIF; MOTOR VEHICLE INS
RECORDS -see also- LAND RECORDS; VITAL RECORDS
WORK, LABOR AND EMPLOYMENT -see also- COL BARG; HOLIDAY; etc

Bill affects the following Statute:

Insurance
( 27-503 )

Documents:

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