HOUSE BILL 726

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