A delinquency proceeding is the exclusive method of liquidating, rehabilitating, reorganizing, or conserving an insurer.
Structure Maryland Statutes
Subtitle 2 - Liquidation, Rehabilitation, Reorganization, and Conservation
Section 9-202 - Uniform Insurers Liquidation Act
Section 9-203 - Scope of Subtitle
Section 9-204 - Exclusiveness of Remedy
Section 9-205 - Immunity From Liability
Section 9-206 - Fees and Costs
Section 9-207 - Appointment of Staff
Section 9-208 - Persons Subject to Delinquency Proceedings
Section 9-209 - Jurisdiction and Venue
Section 9-210 - Commencement of Delinquency Proceedings
Section 9-211 - Grounds for Conservation, Rehabilitation, or Liquidation of Insurers
Section 9-212 - Orders to Rehabilitate, Liquidate, or Conserve Insurers
Section 9-213 - Appointed Receivers
Section 9-214 - Notice to Policyholders of Delinquency Proceeding
Section 9-215 - Seizure Orders; Injunctions
Section 9-216 - Appeals to Court of Special Appeals
Section 9-217 - Loans and Pledges of Assets
Section 9-218 - Administration of Assets of Domestic or Alien Insurers
Section 9-219 - Administration of Assets of Insurers Not Domiciled in State
Section 9-220 - Attachment or Garnishment of Assets
Section 9-221 - Voidable Transfers
Section 9-223 - Limitations on Insurer Pending Repayment to Guaranty Associations
Section 9-224 - Disbursements of Assets to Guaranty Associations
Section 9-225 - Assessment of Members or Subscribers of Mutual or Reciprocal Insurers
Section 9-226 - Procedures for Filing Claims
Section 9-227 - Priority of Claims
Section 9-228 - Disposition of Claims
Section 9-229.1 - Netting Agreements and Financial Contracts
Section 9-230 - Cooperation With Commissioner Required; Penalties
Section 9-231 - Notice of Impairment Required; Contributing to Impairment Prohibited; Penalties