Unannotated Code of Maryland (Last Updated: May 16, 2014) |
INSURANCE |
TITLE 19. PROPERTY AND CASUALTY INSURANCE |
SUBTITLE 3. FIRE INSURANCE APPLICATION ACT |
§ 19-302. Purpose and scope of subtitle
Latest version.
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(a) Purpose of subtitle. -- The purpose of this subtitle is to promote the public welfare by reducing fire damage to property and loss of life that is caused by the crime of arson by requiring insurers to secure antiarson applications that contain information to control the incidence of arson fraud from applicants for new policies of property insurance.
(b) Scope of subtitle. -- This subtitle does not apply to a renewal of an existing property insurance policy or contract.