(a) (1) In a delinquency proceeding in which the Commissioner has been appointed receiver, the Commissioner may:
(i) appoint one or more special deputy commissioners to act for the Commissioner; and
(ii) employ counsel, clerks, and assistants.
(2) Compensation of the special deputies, counsel, clerks, and assistants and all expenses of taking possession of the insurer and of conducting the delinquency proceeding:
(i) shall be set by the Commissioner, subject to approval by the court; and
(ii) shall be paid out of the assets or funds of the insurer.
(3) Within the limits of duties imposed on a special deputy concerning a delinquency proceeding, the special deputy:
(i) shall possess all powers given to the receiver; and
(ii) in the exercise of those powers, is subject to all the duties imposed on the receiver concerning the delinquency proceeding.
(b) In a civil proceeding filed against a special deputy commissioner appointed under this subtitle, the special deputy commissioner is entitled to representation by the Attorney General as specified in Title 12, Subtitle 3, Part II of the State Government Article.
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