{"data":{"id":"us-md/md.-code-insurance-20-512","jurisdiction":"us-md","citation":"Md. Code, Insurance § 20–512","heading":"","body":"(a) Except as provided in subsection (b) of this section, the Fund shall pay to a fund producer of a policyholder to whom a policy is issued a commission:\n(1) for private passenger auto insurance issued by the Fund, at a rate determined by the Fund but not less than 10% and not to exceed 15% of the total premium; and\n(2) for any other insurance issued by the Fund, at a rate determined by the Fund but not to exceed 10% of the total premium.\n(b) The Fund may not pay a commission:\n(1) on a fully earned basis;\n(2) if a prospective insured fails to qualify under § 20–502 of this subtitle; or\n(3) if a prospective insured’s initial payment to the Fund, a fund producer, or premium finance company is not honored.\n(c) If a policy issued by the Fund is canceled, the Fund shall refund any unearned commissions.","path":["Article - Insurance"],"source_url":"https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin\u0026section=20-512","current_through":"2026-01-01","vintage":"","retrieved_at":"2026-09-14T19:59:28Z","sha256":"1b19b14cd62c4dce175084284e7b323dcc56583f0ab88afe0ffa083f9b0a84e7","source_id":"us-md","stale":false,"prev":"us-md/md.-code-insurance-20-511","next":"us-md/md.-code-insurance-20-513"},"notice":"GroundRules: Original legal text. Not legal advice."}
