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Maryland Code, Insurance § 3-207

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Maryland Code, Insurance § 3-207 - last updated January 01, 2025 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-3-207/

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