Home/Maryland/Statutes/Article gin: Insurance/Title: 10/§ 10-412
Maryland Statutes

§ 10-412

Maryland·Article gin Insurance·Title 10
A public adjuster who receives, accepts, or holds any funds on behalf of an insured toward the settlement of a claim for loss or damage shall deposit the funds in a noninterest–bearing escrow or trust account in a financial institution that is federally insured in the public adjuster’s home state or where the loss occurred.

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