Maryland Code, Insurance § 8-417

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

(a) Before the Commissioner issues a certificate of authority, the Commissioner may make any examination and require any additional information that the Commissioner considers necessary.

(b) On presentation of satisfactory evidence that the society has complied with this subtitle, the Commissioner shall issue to the society a certificate of authority that authorizes the society to transact business under this subtitle.

(c) The certificate of authority is prima facie evidence that the society existed on the date of the certificate of authority.

(d) The Commissioner shall record the certificate of authority in the office of the Commissioner.

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Cite this article: FindLaw.com - Maryland Code, Insurance § 8-417 - last updated January 01, 2025 | https://codes.findlaw.com/md/insurance/md-code-insurance-sect-8-417/

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