Maryland § 4-303
Full text of Maryland Maryland Code § 4-303, with citation guidance and answers to common questions.
§ 4-303.
(a) (1) (i) On or before the filing date, each domestic insurer shall prepare and submit to the Commissioner a report of its RBC levels as of the end of the immediately preceding calendar year.
(ii) The RBC report shall be in the form and shall contain the information required by the RBC instructions.
(2) In addition to the requirements of paragraph (1) of this subsection, each domestic insurer shall file its RBC report:
(i) with the NAIC in accordance with the RBC instructions; and
(ii) on written request, with the insurance commissioner of any state in which the insurer is authorized to do business, on or before the later of:
1. 15 days after receipt of the written request to file its RBC report with that state; or
2. the filing date.
(b) If a domestic insurer files an RBC report that, in the judgment of the Commissioner, is inaccurate, the Commissioner shall:
(1) adjust the RBC report to correct the inaccuracy; and
(2) notify the insurer of the adjustment, including a statement of the reason for the adjustment.
Frequently Asked Questions About Maryland § 4-303
What does Maryland Code § 4-303 cover?
Section 4-303 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 4-303?
A common citation format is "Maryland Code § 4-303" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 4-303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.