Md. Code, Insurance § 3-207
This is the official text of Md. Code, Insurance § 3-207, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§3–207.
Official statutory text
(a) A certificate of authority authorizes a reciprocal insurer to engage in one kind or a combination of kinds of insurance business, except for life insurance and health insurance other than as supplementary coverage in policies of liability insurance.
(b) A certificate of authority authorizes a reciprocal insurer to purchase reinsurance and grant reinsurance as to any kind of insurance business in which the reciprocal insurer is authorized to engage.
(b) A certificate of authority authorizes a reciprocal insurer to purchase reinsurance and grant reinsurance as to any kind of insurance business in which the reciprocal insurer is authorized to engage.
Status: in_force · Read it on the official government site
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