reglab/housing_qa huggingface dataset:
MD. Insurance Code Ann. §  20-607 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-607 - Judicial Review

    An appeal to the appropriate court may be taken from a final order, decree, or judgment of a court made under this subtitle:         (1)    that debars a claimant from further proceeding against the Fund or denies the claim;        (2)    that awards the claimant less than that to which the claimant believes the claimant is entitled; or        (3)    except as provided in § 20-605 of this subtitle, that causes the defendant, the uninsured party, the Fund, or other party to be aggrieved.
MD. Insurance Code Ann. §  20-608 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-608 - Recovery of Money Paid by Fund; Indexing of Judgments

    (a)    All money paid out by the Fund under this subtitle may be recovered by the Fund from the uninsured party at fault in any manner provided by law, including the Maryland Tax Refund Intercept Program.    (b)    A judgment that is assigned to or obtained by the Fund:        (1)    is considered in its entirety as taken for the use of the State; and        (2)    shall be indexed in the appropriate court records in the name of the State of Maryland, Maryland Automobile Insurance Fund.    (c)    If the Fund brings suit to enforce a judgment obtained under this subtitle against an uninsured party at fault, the Fund may recover the actual costs of collection, including reasonable attorney’s fees.
MD. Insurance Code Ann. §  20-609 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-609 - Subrogation to Rights of Claimant

    (a)    Whenever the Fund makes payment in an action brought or claim made under this subtitle, the Fund shall be subrogated to the cause of action of the claimant receiving the payment against the driver or owner of the motor vehicle by which the accident was occasioned.    (b)    The Fund:        (1)    if the identity and whereabouts are established of the person that is the driver or owner, may bring an action against that person for the amount of damage the claimant sustains; and        (2)    may recover that amount out of any money payable with respect to death or injury under any policy in force when the accident occurred.    (c)    If the amount recovered in an action under subsection (b) of this section is greater than the amount paid out of the Fund, the Fund:        (1)    first, shall reimburse itself as provided in § 20-608 of this subtitle; and        (2)    second:            (i)    shall collect and pay the unpaid balance to the claimant; or            (ii)    shall assign and transfer to the claimant any judgment, note, or other right, interest, or cause of action that the Fund has against the uninsured driver or owner.    (d)    Notwithstanding any other statute of limitations, the Fund may bring an action against the person that is the driver or owner within 6 months after the identity and whereabouts of that person are established.
MD. Insurance Code Ann. §  20-610 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-610 - Findings and Declarations

    The General Assembly finds and declares that:         (1)    there is an unacceptably large number of uninsured motorists in the State;        (2)    uninsured motorists cause harm to insured drivers by increasing the cost of automobile insurance for everyone required to purchase uninsured motorist coverage;        (3)    uninsured motorists are a financial drain on the State and require substantial funding for the Uninsured Division of the Fund to cover legitimate claims of innocent pedestrians, passengers, and drivers who are injured by uninsured motorists;        (4)    to encourage uninsured motorists to become insured, the law for many years has provided financial penalties to be imposed on uninsured motorists and a substantial number of penalties are issued every year;        (5)    to further address the rate of uninsured motorists, the General Assembly passed legislation (Chapter 446 of the Acts of 2016) to require the Motor Vehicle Administration to conduct a program that waived substantial portions of delinquent uninsured motorist fines as an incentive for eligible participants to become insured, but less than 4% of eligible uninsured motorists actually entered the program;        (6)    the General Assembly also passed legislation (Chapter 401 of the Acts of 2016) to require drivers to carry proof of automobile insurance;        (7)    despite these statutory efforts, the rate of uninsured motorists has remained stubbornly high, hovering at about 12% according to the Insurance Research Council;        (8)    it is in the best interests of the State to address the rate of uninsured motorists in the State in a comprehensive and coordinated fashion;        (9)    the Fund was established in 1973 to provide the financial security required under the Maryland Vehicle Law to individuals who are unable to obtain automobile insurance from private insurers;        (10)    in addition to the Fund, motor vehicle liability insurance in the State is provided through a system of private insurers, insurance producers, and independent insurance producers;        (11)    the Uninsured Division is uniquely positioned to reduce the rate of uninsured motorists by conducting outreach and incentivizing, educating, and encouraging uninsured motorists to obtain automobile insurance from private insurers or the Fund; and        (12)    the effort to reduce the rate of uninsured motorists would be greatly enhanced by making the Uninsured Division the primary State agency with responsibility to conduct outreach and incentivize, educate, and encourage uninsured motorists to become insured.
MD. Insurance Code Ann. §  20-611 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-611 - Uninsured Motorist Education and Enforcement Fund

    (a)    In this section, “Uninsured Motorist Fund” means the Uninsured Motorist Education and Enforcement Fund.    (b)    There is an Uninsured Motorist Education and Enforcement Fund.    (c)    The purpose of the Uninsured Motorist Fund is to provide funding for the education of drivers about, and the enforcement of, the security requirements for motor vehicles under the Maryland Vehicle Law.    (d)    The Uninsured Division shall administer the Uninsured Motorist Fund.    (e)    The Uninsured Motorist Fund is a special, nonlapsing fund that is not subject to § 7–302 of the State Finance and Procurement Article.    (f)    The Uninsured Motorist Fund consists of:        (1)    revenues deposited to the Uninsured Motorist Fund under § 17–104.2 of the Transportation Article;        (2)    interest and investment earnings of the Uninsured Motorist Fund; and        (3)    any other money from any other source accepted for the benefit of the Uninsured Motorist Fund.    (g)    Money in the Uninsured Motorist Fund shall be used solely for:        (1)    the administration of the Uninsured Motorist Fund; and        (2)    the education of drivers and the public about:            (i)    the security requirements under the Maryland Vehicle Law; and            (ii)    the sources of automobile insurance in the State, including private insurers and the Fund.
MD. Insurance Code Ann. §  20-613 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-613 - Payment of Premium in Installments

    An applicant for a policy from the Fund who is participating in the Program under § 20–612 of this subtitle may:        (1)    be considered by the Fund to have met the requirements of § 20–502(a)(3) of this title; and        (2)    pay the premium for the policy in installments in accordance with § 20–507(g)(1)(ii)1B of this title, regardless of the amount of the premium.
MD. Insurance Code Ann. §  20-614 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 6 - Unsatisfied Claims|Section 20-614 - Contacting Owner Whose Registration Has Been Suspended

    (a)    If the Uninsured Division receives information from the Motor Vehicle Administration as required under § 17–106 of the Transportation Article regarding an owner of a vehicle who has been notified by the Motor Vehicle Administration that the registration of the vehicle has been suspended, the Uninsured Division may not, in any fashion, contact the owner until at least 60 days after the effective date of the final termination or lapse of the required security, as reported to the Motor Vehicle Administration by an insurer.    (b)    If the Uninsured Division uses the information received from the Motor Vehicle Administration under § 17–106 of the Transportation Article to contact an owner, the Uninsured Division shall send a notice to the owner that:        (1)    provides the website addresses of the Motor Vehicle Administration, the Fund, and the Administration where the owner may find contact information for insurers that write motor vehicle liability insurance in the State and other information about motor vehicle liability insurance; and        (2)    advises the owner that the owner may contact the owner’s insurance producer, if any, or the owner’s prior insurer to determine whether motor vehicle liability insurance may be placed for the owner by the insurance producer or the insurer.
MD. Insurance Code Ann. §  20-701 (2021)
2021 Maryland Statutes|Insurance|Title 20 - Maryland Automobile Insurance Fund|Subtitle 7 - Prohibited Acts; Penalties|Section 20-701 - Filing False Notice or Document

    (a)    A person may not knowingly file with the Fund a notice or document required under this title that is false or that contains a material misstatement of fact.    (b)    A person that violates this section is guilty of a misdemeanor and on conviction is subject to a fine not exceeding $500 or imprisonment not exceeding 30 days or both.
MD. Insurance Code Ann. §  23-101 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 1 - Definitions; General Provisions|Section 23-101 - Definitions

    (a)    In this title the following words have the meanings indicated.    (b)    “Actuarial method” has the meaning stated in § 12–1009 of the Commercial Law Article.    (c)    (1)    “Premium finance agreement” means an agreement:            (i)    by which an insured or prospective insured promises to pay a premium finance company the amount advanced or to be advanced under the agreement, together with interest and a service fee, to an insurer or an insurance producer in payment of premiums; and            (ii)    that contains an assignment of or is otherwise secured by the unearned premium or refund obtainable from the insurer on cancellation of the insurance contract.        (2)    “Premium finance agreement” does not include a premium financed in connection with a time sale of goods or services or an extension of credit without charge by an insurance producer.    (d)    “Premium finance company” means a person that engages in the business of entering into or accepting premium finance agreements.
MD. Insurance Code Ann. §  23-102 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 1 - Definitions; General Provisions|Section 23-102 - Scope of Title

    No bank, savings bank, trust company, savings and loan association, credit union, industrial finance company, small loan company, or other similar organization that is regulated under the laws of the State or the United States nor any bank, savings bank, trust company, savings and loan association, or credit union that is organized in another state and has a branch in this State nor any authorized insurer that does not engage in the insurance financing business is subject to this title.
MD. Insurance Code Ann. §  23-103 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 1 - Definitions; General Provisions|Section 23-103 - Investigations and Examinations

    (a)    The Commissioner may conduct investigations and examine the books, records, and accounts of a person under this title to the same extent as is authorized with respect to insurers under this article.    (b)    The expense of an examination shall be paid by the person examined as provided in § 2-208 of this article.    (c)    The Commissioner or an examiner shall make a complete report of each investigation or examination as provided in § 2-209 of this article.
MD. Insurance Code Ann. §  23-201 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-201 - Registration Required

    (a)    A premium finance company must register with the Commissioner before engaging in business as a premium finance company in the State.    (b)    An insurer or insurance producer must register with the Commissioner before engaging in the business of financing premiums in the State.
MD. Insurance Code Ann. §  23-202 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-202 - Financial Requirements

    (a)    To engage in business as a premium finance company in the State, each premium finance company shall elect to:        (1)    maintain a net worth of at least $250,000 calculated under generally accepted accounting principles;        (2)    file with the Commissioner an irrevocable letter of credit in the amount of $50,000 issued by a financial institution;        (3)    deposit with the State Treasurer cash in the amount of $50,000; or        (4)    file with the Commissioner a bond that:            (i)    is in favor of the State;            (ii)    is in the penal sum of $50,000;            (iii)    is executed by an authorized surety insurer; and            (iv)    is conditioned that the premium finance company will account for and pay over to the person entitled to receive it all money belonging to the person that comes into the possession of the premium finance company, including unearned premiums due to an insured and unearned commissions due to an insurer.    (b)    A bond shall remain in force until the surety insurer is released from liability by the Commissioner or until the bond is canceled by the surety insurer.    (c)    The total liability of the surety insurer under a bond may not exceed the penal sum of the bond.    (d)    (1)    (i)    The surety insurer may cancel a bond after filing written notice with the Commissioner at least 30 days before the effective date of the cancellation.            (ii)    A cancellation under this paragraph does not affect any liability that accrued before the cancellation.        (2)    After notification of the cancellation of the bond, the premium finance company shall act promptly to replace the bond.        (3)    If the premium finance company fails to act promptly to replace the bond, the Commissioner shall deny, suspend, revoke, or refuse to renew the registration of the premium finance company until the required bond is filed.    (e)    If, at any time, the premium finance company fails to comply with subsection (a) of this section, the Commissioner shall deny, suspend, revoke, or refuse to renew the registration of the premium finance company until the premium finance company complies with subsection (a) of this section.
MD. Insurance Code Ann. §  23-203 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-203 - Applications for Registration

    (a)    An applicant for initial registration shall:        (1)    file with the Commissioner:            (i)    an application on the form that the Commissioner requires;            (ii)    in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation;            (iii)    evidence of compliance with § 23-202 of this subtitle;            (iv)    the form of the premium finance agreement to be used; and            (v)    the finance charge, initial service fee, and all other fees and charges to be applied; and        (2)    pay to the Commissioner an application fee of $250.    (b)    The registration application shall include the following information:        (1)    the name, business address, and telephone number of the premium finance company; and        (2)    the name and business address of each officer, director, principal, and partner of the premium finance company.    (c)    A registration application may require the applicant to disclose the identity, trade names, and names of managers and owners of the applicant.
MD. Insurance Code Ann. §  23-204 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-204 - Issuance or Denial of Registration

    (a)    When an applicant complies with the filing requirements and pays the registration fee to the Commissioner in accordance with § 23-203 of this subtitle, the Commissioner shall determine whether the applicant meets the requirements of this title.    (b)    The Commissioner shall deny registration to an applicant if the Commissioner determines that the applicant has submitted an incomplete registration.    (c)    The Commissioner shall register each applicant that meets the requirements of this title.
MD. Insurance Code Ann. §  23-205 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-205 - Term and Renewal of Registration

    (a)    A registration expires on the first July 1 after its effective date unless it is renewed as provided in this section.    (b)    Before a registration expires, the registrant may renew it for an additional 1-year term if the registrant:        (1)    files with the Commissioner:            (i)    a renewal application on the form that the Commissioner requires;            (ii)    in the case of a corporation or limited liability company, a certificate of good standing issued by the State Department of Assessments and Taxation; and            (iii)    evidence of compliance with § 23-202 of this subtitle; and        (2)    pays to the Commissioner a renewal fee of $50.    (c)    The Commissioner shall renew the registration of each registrant that meets the requirements of this section.
MD. Insurance Code Ann. §  23-206 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-206 - Change of Information

    (a)    The Commissioner shall require a premium finance company to report, on forms provided by the Commissioner, changes in officers, directors, owners, trade names, principals, partners, business addresses, and telephone numbers within 30 days after a change occurs.    (b)    (1)    A premium finance company shall file all changes to:            (i)    the form of the premium finance agreement used by the premium finance company; and            (ii)    the finance charge, initial service fee, and any other fees and charges applied by the premium finance company.        (2)    A premium finance company may not use a premium finance agreement form or apply a fee or charge unless the filing required under paragraph (1) of this subsection is approved by the Commissioner.        (3)    A premium finance company shall disclose to the Commissioner, on written request, the method or formula used to calculate the finance charges and amount of refund on cancellation of the insurance contract.
MD. Insurance Code Ann. §  23-207 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-207 - Records

    Each premium finance company:         (1)    shall maintain records of its premium finance transactions for at least 3 years after making the final entry with respect to a premium finance agreement;        (2)    shall allow the Commissioner to examine the records; and        (3)    may keep the records in photographic, imaging, microfilm, microfiche, electronic data processing, computer, or facsimile form.
MD. Insurance Code Ann. §  23-208 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-208 - Denials, Suspensions, Revocations, and Refusals to Renew; Penalties; Responsibility for Acts of Third Parties

    (a)    Subject to the hearing provisions of Title 2 of this article, the Commissioner may deny a registration to an applicant or suspend, revoke, or refuse to renew the registration of a registrant if the Commissioner finds that the applicant or registrant has:        (1)    failed to comply with a lawful requirement of the Commissioner under this title;        (2)    violated a provision of this title;        (3)    made a material misstatement in the application for registration;        (4)    engaged in fraudulent or dishonest practices; or        (5)    demonstrated incompetency or untrustworthiness to engage in the business of a premium finance company.    (b)    (1)    Instead of or in addition to suspending, revoking, or refusing to renew a registration, the Commissioner may:            (i)    impose on the registrant a penalty of not less than $25 but not exceeding $1,000 for each violation of this article, up to a maximum of $20,000 in the event of multiple violations; or            (ii)    require that restitution be made by a registrant that violates this title to a person that has suffered financial injury as a result of a violation of this title.        (2)    For purposes of this subsection, restitution means the sum of money that, if paid to a person that suffers financial injury as a result of violation of this title, will restore the person to the same financial position the person would have been in had the violation not occurred.    (c)    (1)    A premium finance company that delegates administration of a premium finance agreement to a third party is responsible for a violation of any provision of this title by the third party in the administration of the premium finance agreement, regardless of the delegation.        (2)    For purposes of this subsection, the following acts by an insurance producer in relation to a premium finance agreement are not considered to be the administration of the premium finance agreement:            (i)    signing a premium finance agreement;            (ii)    accepting payments; or            (iii)    issuing receipts.
MD. Insurance Code Ann. §  23-209 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-209 - Surrender of Registration

    (a)    A registrant may surrender a registration by delivering to the Commissioner written notice of the surrender.    (b)    Surrender of a registration does not affect the registrant’s civil or criminal liability for acts committed before the surrender.
MD. Insurance Code Ann. §  23-210 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 2 - Registration|Section 23-210 - Effect of Revocation, Suspension, or Surrender

    Suspension, revocation, or surrender of a registration does not affect the obligation of an insured under a lawful premium finance agreement previously acquired or held by the registrant.
MD. Insurance Code Ann. §  23-301.1 (2021)
2021 Maryland Statutes|Insurance|Title 23 - Premium Financing|Subtitle 3 - Premium Finance Agreements; Charges and Fees|Section 23-301.1 - Additional Inclusions

    In addition to financing the premium of a surplus lines insurance contract, a premium finance agreement may include any:         (1)    premium receipts tax that a surplus lines broker is required to charge under § 3-324 of this article and pay to the Commissioner under § 3-325 of this article;        (2)    policy fee that a surplus lines broker is allowed to charge under § 27-216 of this article; and        (3)    inspection fee that a surplus lines broker is allowed to charge under § 27-216 of this article.