Legislation
SECTION 5302
Administration
Insurance (ISC) CHAPTER 28, ARTICLE 53
§ 5302. Administration. (a) In addition to the members of the
committee elected by the subscribers to administer the plan, the
superintendent shall appoint annually two additional members who shall
be duly licensed insurance agents or brokers representative of broad
segments of the public obtaining insurance through the plan.
(b) Such committee shall establish for the benefit of applicants
standards of service of participating insurers including timely issuance
of policies, certificates and endorsements, financial security forms,
and the collection of required deposits.
committee elected by the subscribers to administer the plan, the
superintendent shall appoint annually two additional members who shall
be duly licensed insurance agents or brokers representative of broad
segments of the public obtaining insurance through the plan.
(b) Such committee shall establish for the benefit of applicants
standards of service of participating insurers including timely issuance
of policies, certificates and endorsements, financial security forms,
and the collection of required deposits.