MD SB641 | 2010 | Regular Session
Status
Sponsorship: Partisan Bill (Democrat 7)
Status: Introduced on February 5 2010 - 25% progression, died in committee
Action: 2010-02-24 - Hearing 3/16 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 5 2010 - 25% progression, died in committee
Action: 2010-02-24 - Hearing 3/16 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Prohibiting an insurance producer, employee of an insurance producer, or any other person from accepting, directly or indirectly, any valuable consideration during the term of a premium finance agreement that was facilitated by the insurance producer, employee, or other person and finances premiums under a personal lines automobile insurance policy written through the Maryland Automobile Insurance Fund.
Title
Insurance - Premium Finance Companies - Acceptance of Consideration During Term
Sponsors
| Sen. David Harrington [D] | Sen. Verna Jones-Rodwell [D] | Sen. Michael Lenett [D] | Sen. Richard Madaleno [D] |
| Sen. Catherine Pugh [D] | Sen. Jamin Raskin [D] | Sen. Jim Rosapepe [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-02-24 | Hearing 3/16 at 1:00 p.m. | |
| 2010-02-05 | First Reading Finance |
Subjects
Agents and Brokers
Ethics
Fees
Finance Companies
Maryland Automobile Insurance Fund
Motor Vehicle Insurance
Ethics
Fees
Finance Companies
Maryland Automobile Insurance Fund
Motor Vehicle Insurance
Maryland State Sources
| Type | Source |
|---|---|
| Summary | https://mgaleg.maryland.gov/mgawebsite/Search/Legislation?target=/2010rs/billfile/SB0641.htm |
| Text | http://mlis.state.md.us/2010rs/bills/sb/sb0641f.pdf |
