Md. Code, Insurance § 5-705

Md. Code, Insurance § 5-705
in effect
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An insurer shall deposit promptly additional cash or other or additional government securities eligible for deposit under § 5-701(b) of this subtitle in an amount sufficient to cure any deficiency if: (1) the cash or government securities deposited by the insurer and held on deposit under this subtitle become ineligible for deposit under § 5-701(b) of this subtitle; or (2) the market value of the deposited cash and government securities falls below the amount required under this article.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin&section=5-705&enactments=falseFetched: 10/17/2026

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