Md. Code, Ins. § 23-310

Current with changes from the 2024 Legislative Session

Section 23-310 - Perfection of premium finance agreement as secured transaction

Filing of a premium finance agreement is not needed to perfect the validity of the premium finance agreement as a secured transaction as against creditors, subsequent purchasers, pledgees, encumbrancers, trustees in bankruptcy or any other insolvency proceeding under any law, or anyone having the status or power of any of those persons, their successors, or assigns.

Md. Code, IN § 23-310