Maryland Statutes

§ 5-705

Maryland·Article gin Insurance·Title 5

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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Nearby Sections

15
§ 5-1001
§ 5-1001
§ 5-1002
§ 5-1002
§ 5-1003
§ 5-1003
§ 5-1004
§ 5-1004
§ 5-1005
§ 5-1005
§ 5-101
§ 5-101
§ 5-102
§ 5-102
§ 5-103
§ 5-103
§ 5-104
§ 5-104
§ 5-201
§ 5-201
§ 5-201.1
§ 5-201.1
§ 5-202
§ 5-202
§ 5-203
§ 5-203
§ 5-205
§ 5-205
§ 5-206
§ 5-206
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