Section 11-301 - Definitions.
§ 11-301. Definitions.
(a) In general.- In this subtitle the following words have the meanings indicated.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 48A, § 244A(a).
(b) Competitive market.- "Competitive market" means any market except those which, by application of the standards in § 11-306 of this subtitle, have been determined to be noncompetitive under § 11-308(c) of this subtitle.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 48A, § 244A(b).
Defined Terms.
"Market" § 11-301
(c) Market.- "Market" means the interaction between buyers and sellers of a particular line of insurance in a geographical area consisting of not less than one entire county.
Revisor's Note.
This subsection is new language derived without substantive change from former Art. 48A, § 244A(c).
Defined Terms.
"County" § 1-101
"Insurance" § 1-101
[An. Code 1957, art. 48A, § 244A; 1997, ch. 35, § 2.]