Maryland Statutes

§ 5-705

Maryland § 5-705
JurisdictionMaryland
Article ginInsurance
Title5

This text of Maryland § 5-705 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 § 5-705 (2026).

Text

An insurer shall deposit promptly additional cash or other or additional government securities eligible for deposit under § 5-701(b) of this subtitle in an amount sufficient to cure any deficiency if:

(1)the cash or government securities deposited by the insurer and held on deposit under this subtitle become ineligible for deposit under § 5-701(b) of this subtitle; or
(2)the market value of the deposited cash and government securities falls below the amount required under this article.

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Bluebook (online)
Maryland § 5-705, Counsel Stack Legal Research, https://law.counselstack.com/statute/md/gin/5-705.