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§ 8-211. Acts of managing general agent deemed acts of insurer; insolvency of managing general agent

MD Ins Code § 8-211 (2019) (N/A)
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(a)    The acts of a managing general agent are deemed to be the acts of the insurer for whom the managing general agent is acting.

(b)    If a managing general agent becomes insolvent, the obligations of the managing general agent with respect to policyholders of an insurer shall be assumed by that insurer.

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§ 8-211. Acts of managing general agent deemed acts of insurer; insolvency of managing general agent