Maryland § 9-223
Full text of Maryland Maryland Code § 9-223, with citation guidance and answers to common questions.
§ 9-223.
Unless an insurer has repaid to all guaranty associations all payments of or on account of the contractual obligations of the insurer, including all expenses of and interest on the obligations, or unless a guaranty association has approved a plan of repayment by the insurer, an insurer subject to a delinquency proceeding may not:
(1) be released from the delinquency proceeding unless it is converted into a judicial proceeding to rehabilitate or liquidate;
(2) be allowed to solicit or accept new business;
(3) be allowed to request or accept the restoration of a suspended or revoked license or certificate of authority; or
(4) be returned, or have any of its assets returned, to the control of its stockholders or private management.
Frequently Asked Questions About Maryland § 9-223
What does Maryland Code § 9-223 cover?
Section 9-223 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 § 9-223?
A common citation format is "Maryland Code § 9-223" (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 § 9-223 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.