Home/Maryland/Statutes/Article gin: Insurance/Title: 4/§ 4-302
Maryland Statutes

§ 4-302

Maryland § 4-302
JurisdictionMaryland
Article ginInsurance
Title4

This text of Maryland § 4-302 is published on Counsel Stack Legal Research, covering Maryland primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Md. Code Ann., Insurance § 4-302 (2026).

Text

It is the public policy of the State that, in order to safeguard the solvency of the insurance business in the State:

(1)an insurer should maintain an amount of capital in excess of the minimum RBC levels derived from the risk based capital requirements contained in this subtitle and the attendant formulas, schedules, and instructions; and
(2)additional capital is used and useful in the insurance business and helps to secure an insurer against various risks inherent in, or affecting, the insurance business and not accounted for or only partially measured by the risk based capital requirements contained in this subtitle.

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Bluebook (online)
Maryland § 4-302, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/4-302.