Md. Code, Insurance § 23-305

Md. Code, Insurance § 23-305
in effect
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(a) A premium finance company may charge an initial service fee, which may not exceed $20, for actual expenses. (b) The initial service fee may not be refunded on cancellation or repayment.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin&section=23-305&enactments=falseFetched: 10/17/2026

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