State Codes and Statutes
Statutes > Maryland > Insurance > Title-5 > Subtitle-9 > 5-903§ 5-903. Reinsurance authorized.
(a) In general.- Except as provided in §§ 3-124 and 3-125 of this article for bulk reinsurance, an insurer may reinsure all or part of a particular risk.
(b) Reinsurance only of authorized risks.- An insurer may accept reinsurance only of those risks, and retain risk on reinsurance only within those limits, as the insurer is otherwise authorized to insure.
[An. Code 1957, art. 48A, § 74; 1995, ch. 36.]
