Md. Code, Insurance § 4-109
This is the official text of Md. Code, Insurance § 4-109, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§4–109.
Official statutory text
(a) Within a reasonable time after the filing of a completed application for an initial certificate of authority, the Commissioner shall:
(1) issue an appropriate certificate of authority; or
(2) disapprove the application and state the grounds for disapproval.
(b) On request of an insurer, the Commissioner may issue a certificate of authority limited to a particular type of insurance or insurance coverage within the scope of a kind of insurance.
(1) issue an appropriate certificate of authority; or
(2) disapprove the application and state the grounds for disapproval.
(b) On request of an insurer, the Commissioner may issue a certificate of authority limited to a particular type of insurance or insurance coverage within the scope of a kind of insurance.
Status: in_force · Read it on the official government site
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