Section 6-203 - Amount of fee. - Maryland Statutes

§ 6-203. Amount of fee.
 

(a)  Insurers and other entities.- For each insurer, health maintenance organization, nonprofit health service plan, fraternal benefit society, or any entity operating in the State under the regulatory jurisdiction of the Commissioner other than a premium finance company, a fraternal benefit society that collected less than $75,000 in premiums in the preceding calendar year, or a motor club, the fraud prevention fee shall be: 

(1) $1,000; 

(2) due on or before June 30 of each year; and 

(3) if applicable, payable with the certificate of authority or license renewal fee. 

(b)  Insurance professionals.- For each insurance producer, public adjuster, insurance adviser, or third party administrator qualified, licensed, or registered by the Commissioner, the fraud prevention fee shall be: 

(1) $15; 

(2) due on or before June 30 of every other year; and 

(3) if applicable, payable with the certificate of qualification, license, or registration renewal fee. 

(c)  One fee per person.- Any person that has more than one of the certificates of qualification, licenses, or registrations listed in subsection (b) of this section shall pay the $15 fraud prevention fee only once per renewal period. 
 

[An. Code 1957, art. 48A, § 640C; 1997, ch. 649, § 2; 1998, ch. 353; 2001, ch. 731, § 1.]