Section 5-707 - Rights of insurer during solvency. - Maryland Statutes

§ 5-707. Rights of insurer during solvency.
 

While an insurer is solvent and complies with this article, the insurer may: 

(1) demand, receive, sue for, and recover the income from the cash and government securities deposited by the insurer under this subtitle; 

(2) substitute for any of the deposited cash or government securities, cash or government securities eligible for deposit under § 5-701(b) of this subtitle of equivalent or greater value; and 

(3) inspect, at reasonable times, any deposit made by the insurer under this subtitle. 
 

[An. Code 1957, art. 48A, § 112; 1995, ch. 36.]