Md. Code, Insurance § 8-211
This is the official text of Md. Code, Insurance § 8-211, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§8–211.
Official statutory text
(a) The acts of a managing general agent are deemed to be the acts of the insurer for whom the managing general agent is acting.
(b) If a managing general agent becomes insolvent, the obligations of the managing general agent with respect to policyholders of an insurer shall be assumed by that insurer.
(b) If a managing general agent becomes insolvent, the obligations of the managing general agent with respect to policyholders of an insurer shall be assumed by that insurer.
Status: in_force · Read it on the official government site
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