Legal Opinion
Maryland Insurance Commissioner v. Central Acceptance Corp.
Court of Appeals of Maryland
Decided December 20, 2011No. 7, September Term, 2011PublishedCited by 13 opinions
1Opinion of the CourtHarrell, J.
In 2008, Petitioner, the Maryland Insurance Commissioner (“Commissioner”), issued a Cease-and-Desist Order to Respondents purporting to prevent them from charging interest on loans to consumers to pay automobile insurance premiums in excess of the statutory maximum prescribed in Maryland Code (1957, 2011 Repl. Vol), Insurance Article, § 23-304. Respondents are eight of the largest premium finance companies 1 that provide loans primarily to customers of the Mary land Automobile Insurance Fund (“MAIF”). Respondents requested a hearing on the Cease-and-Desist Order. Respondents requested twice…
2Cases cited37 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1947
- Withrow v. LarkinSupreme Court of the United States · 1975
- National Labor Relations Board v. Bell Aerospace Co.Supreme Court of the United States · 1974
- National Labor Relations Board v. Wyman-Gordon Co.Supreme Court of the United States · 1969
- Kaczorowski v. Mayor of BaltimoreCourt of Appeals of Maryland · 1987
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3Cited by13 opinions
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- Toliver v. WaickerCourt of Special Appeals of Maryland · 2013
- Dakrish, LLC v. RaichCourt of Special Appeals of Maryland · 2012
- Sturdivant v. Maryland Department of Health & Mental HygieneCourt of Special Appeals of Maryland · 2012
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