Maryland Statutes

§ 20-512

Maryland·Article gin Insurance·Title 20
(a)Except as provided in subsection (b) of this section, the Fund shall pay to a fund producer of a policyholder to whom a policy is issued a commission:
(1)for private passenger auto insurance issued by the Fund, at a rate determined by the Fund but not less than 10% and not to exceed 15% of the total premium; and
(2)for any other insurance issued by the Fund, at a rate determined by the Fund but not to exceed 10% of the total premium.
(b)The Fund may not pay a commission:
(1)on a fully earned basis;
(2)if a prospective insured fails to qualify under § 20–502 of this subtitle; or
(3)if a prospective insured’s initial payment to the Fund, a fund producer, or premium finance company is not honored.
(c)If

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Nearby Sections

15
§ 20-101
§ 20-101
§ 20-201
§ 20-201
§ 20-202
§ 20-202
§ 20-203
§ 20-203
§ 20-204
§ 20-204
§ 20-301
§ 20-301
§ 20-302
§ 20-302
§ 20-303
§ 20-303
§ 20-304
§ 20-304
§ 20-305
§ 20-305
§ 20-306
§ 20-306
§ 20-401
§ 20-401
§ 20-402
§ 20-402
§ 20-403
§ 20-403
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§ 20-404
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