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Current as of December 31, 2021 | Updated by FindLaw Staff
While an insurer is solvent and complies with this article, the insurer may:
(1) demand, receive, sue for, and recover the income from the cash and government securities deposited by the insurer under this subtitle;
(2) substitute for any of the deposited cash or government securities, cash or government securities eligible for deposit under § 5-701(b) of this subtitle of equivalent or greater value; and
(3) inspect, at reasonable times, any deposit made by the insurer under this subtitle.
Cite this article: FindLaw.com - Maryland Code, Insurance § 5-707 - last updated December 31, 2021 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-5-707/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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