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LAWS OF MARYLAND

Ch. 69

Article 48A - Insurance Code

Section 486F(f)

Annotated Code of Maryland

(1972 Replacement Volume and 1975 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 486F(f) of Article 48A - Insurance
Code, of the Annotated Code of Maryland (1972 Replacement
Volume and 1975 Supplement) be and it is hereby repealed
and reenacted, with amendments, to read as follows:

Article 48A — Insurance Code

486 F.

(f) Whenever an insurance contract is cancelled in
accordance with this section, the insurer shall return
whatever gross unearned premiums are due under the
contract to the premium finance company for the account
of the insured or insureds within a reasonable time not
to exceed 60 days after the [effective date] RECEIPT BY
THE INSURER OF THE NOTICE of cancellation, or after the
completion of any payroll audit necessary to determine
the amount of premium earned while the policy was in
force. The audit shall be performed within 60 days after
the [effective date] RECEIPT BY THE INSURER OF THE NOTICE
of cancellation.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1976.

Approved April 1, 1976.

CHAPTER 70

(House Bill 422)

AN ACT concerning

Scenic or Wild Rivers - Local Advisory Board

FOR the purpose of providing for the membership of the
Local Advisory Board for a scenic or wild river that
flows through more than one county.

BY renumbering

Article — Natural Resources

Section 8—403(d) and (e), respectively

to be Section 8—403(e) and (f), respectively

Annotated Code of Maryland

(1974 Volume and 1975 Supplement)