Legislation
- Title
- Insurance - Third Party Administrators - Term and Reinstatement of Registration
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- Enacted under Article II, Section 17(c) of the Maryland Constitution - Chapter 522
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the date on which a third party administrator's registration expires to 2 years from the date of issuance rather than every other June 30; providing that in order for a renewal of registration to be considered made in a timely manner it must be postmarked on or before the date the registration expires; increasing the period of time during which a third party administrator may reinstate an expired registration from 3 months to 1 year; increasing the amount of the reinstatement fee for an expired registration to $100; etc.
Committees
- Original:
- Finance Click to view Recorded Media
- Opposite:
- Economic Matters Click to view Recorded Media
Committee Testimony
Details
Bill File Type: Pre-Filed
Effective Date(s): October 1, 2020
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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(
8-308, 8-308.1 )
Last Updated: 9/22/2020 2:49 PM