HOUSE BILL 526

File Code: Insurance - Other than Health

Sponsored By:

Delegate Holmes

Entitled:

Insurance - Premium Finance Companies - Authority to Cancel Policies Issued by Maryland Automobile Insurance Fund

Synopsis:

Prohibiting a premium finance company from using a power of attorney or other authority to cancel, on behalf of an insured, a private passenger automobile insurance policy issued to the insured by the Maryland Automobile Insurance Fund.

History by Legislative and Calendar Date

Legislative date is used to record history occuring in the Chambers otherwise Calendar date is used.

House Action

1/30

First Reading Economic Matters

2/7

Hearing 2/26 at 1:00 p.m.

2/11

Hearing cancelled

2/19

Withdrawn

Senate Action

No Action

Bill indexed under the following Subjects:

Contracts -see also- Land Installment Contracts; Procurement

Finance Companies

Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins

Maryland Automobile Insurance Fund

Bill affects the following Statute:

Insurance

( 23-401 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal and Policy Note: Not available at this time

Amendments: None offered