Maryland Code § IN-4-211.1

Section IN-4-211.1
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(a) (1) In this section the following words have the meanings indicated.
(2) "Act" has the meaning stated in § 3-301 of this article.
(3) "Home state" has the meaning stated in § 3-301 of this article.
(4) "Nonadmitted insurance" has the meaning stated in § 3-301 of
this article.

(b) For policies effective on or after July 21, 2011, the placement of
nonadmitted insurance is subject to the statutory and regulatory requirements solely
of the insured's home state.
(c) The premiums charged for unauthorized insurance are subject to a
premium receipts tax in the State on all gross premiums, less any returned
premiums, charged for nonadmitted insurance as specified in §§ 4-209 and 4-211 of
this subtitle.
(d) For policies effective before July 21, 2011:
(1) if the policy covers property, risks, or exposures located or to be
performed entirely in the State, the premium receipts tax shall be computed on the
entire premium at the rate specified in subsection (c) of this section; and
(2) if the policy covers property, risks, or exposures located or to be
performed both in and outside the State, the premium receipts tax shall be computed
at the rate specified in subsection (c) of this section only on that portion of the
premium that is properly allocable to the risks located in the State.
(e) For policies effective on or after July 21, 2011, if the State is the
insured's home state, the premium receipts tax shall be computed on the entire
premium at the rate specified in subsection (c) of this section.
(f) For policies effective on or after July 21, 2011, only the home state of an
insured may receive premium receipts tax payments and reports for nonadmitted
insurance.
(g) For policies effective on or after July 21, 2011, the regulation of
nonadmitted insurance is subject to the statutory and regulatory requirements solely
of the home state of the insured.
(h) The Commissioner shall cooperate with other states to adopt and
implement uniform requirements for nonadmitted insurance in compliance with the
Act.

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