Maryland Statutes
Subtitle 1 - General Provisions
Section 16-116 - Public Entity

(a)    In this section, “public entity” means:
        (1)    a political subdivision of the State;
        (2)    a unit of the State or a local government; or
        (3)    a nonprofit or nonstock corporation that:
            (i)    receives 50% or more of its annual operating budget from the State or a local government; and
            (ii)    is exempt from taxation under § 501(c)(3) or (4) of the Internal Revenue Code.
    (b)    Public entities may pool together to purchase life insurance or to self-insure against life risks.

Structure Maryland Statutes