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Statutes Text

Article - Insurance




§5–704.

    (a)    An insurer may deposit cash or government securities eligible for deposit under § 5-701(b) of this subtitle in an amount greater than any deposit required or allowed under this article.

    (b)    (1)    All or part of an excess deposit may be released to a solvent insurer on its request as provided in § 5-708(a)(2) of this subtitle.

        (2)    An excess deposit may be released to an insolvent insurer only as provided in § 5-708(a)(3) of this subtitle.



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