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Maryland Code, Insurance § 5-707

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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: - Maryland Code, Insurance § 5-707 - last updated December 31, 2021 |

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