Maryland Statutes
Subtitle 6 - Insurance Pools
Section 19-602 - Insurance Pools by Public Entities Authorized

(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 casualty insurance, property insurance, or health insurance or to self-insure against casualty, property, or health risks.