§ 5-707. Rights of insurer during solvency  


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  •    While an insurer is solvent and complies with this article, the insurer may:

       (1) demand, receive, sue for, and recover the income from the cash and government securities deposited by the insurer under this subtitle;

       (2) substitute for any of the deposited cash or government securities, cash or government securities eligible for deposit under § 5-701(b) of this subtitle of equivalent or greater value; and

       (3) inspect, at reasonable times, any deposit made by the insurer under this subtitle.


HISTORY: An. Code 1957, art. 48A, § 112; 1995, ch. 36.