Maryland Statutes
§ 4-109
(a)Within a reasonable time after the filing of a completed application for an initial certificate of authority, the Commissioner shall:
(1)issue an appropriate certificate of authority; or
(2)disapprove the application and state the grounds for disapproval.
(b)On request of an insurer, the Commissioner may issue a certificate of authority limited to a particular type of insurance or insurance coverage within the scope of a kind of insurance.
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