Md. Code, Insurance § 20-512
Md. Code, Insurance § 20-512
in effect(a) Except as provided in subsection (b) of this section, the Fund shall pay to a fund producer of a policyholder to whom a policy is issued a commission:
(1) for private passenger auto insurance issued by the Fund, at a rate determined by the Fund but not less than 10% and not to exceed 15% of the total premium; and
(2) for any other insurance issued by the Fund, at a rate determined by the Fund but not to exceed 10% of the total premium.
(b) The Fund may not pay a commission:
(1) on a fully earned basis;
(2) if a prospective insured fails to qualify under § 20–502 of this subtitle; or
(3) if a prospective insured’s initial payment to the Fund, a fund producer, or premium finance company is not honored.
(c) If a policy issued by the Fund is canceled, the Fund shall refund any unearned commissions.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=20-512&enactments=falseFetched: 10/17/2026