Md. Code, Insurance § 20-306
This is the official text of Md. Code, Insurance § 20-306, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§20–306.
Official statutory text
(a) In this section, “company action level RBC” has the meaning stated in § 4–301(n)(1) of this article.
(b) The Fund shall calculate and report its RBC level in accordance with Title 4, Subtitle 3 of this article.
(c) Beginning December 31, 2026, the Fund shall maintain total adjusted capital, as defined in § 4–301(r) of this article, in an amount that is greater than or equal to its company action level RBC.
(b) The Fund shall calculate and report its RBC level in accordance with Title 4, Subtitle 3 of this article.
(c) Beginning December 31, 2026, the Fund shall maintain total adjusted capital, as defined in § 4–301(r) of this article, in an amount that is greater than or equal to its company action level RBC.
Status: in_force · Read it on the official government site
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