Current with changes from the 2024 Legislative Session, chs. 2--407, effective on or before 7/1/2024
Section 5-704 - Excess deposits(a) An insurer may deposit cash or government securities eligible for deposit under § 5-701(b) of this subtitle in an amount greater than any deposit required or allowed under this article.(b)(1) All or part of an excess deposit may be released to a solvent insurer on its request as provided in § 5-708(a)(2) of this subtitle.(2) An excess deposit may be released to an insolvent insurer only as provided in § 5-708(a)(3) of this subtitle.