Maryland Statutes
Title 9 - Impaired Entities
Subtitle 4 - Life and Health Insurance Guaranty Corporation Act

Section 9-401 - Definitions - (a) In this subtitle the following words have the meanings...

Section 9-402 - Purpose of Subtitle - Subject to certain limitations, the purpose of this subtitle is...

Section 9-403 - Scope of Subtitle - (a) This subtitle is intended to provide coverage to a...

Section 9-404 - Construction - (a) (1) This subtitle shall be liberally construed to carry...

Section 9-405 - Corporation Established; Membership; Plan of Operation; Accounts; Supervision by Commissioner; Status - (a) (1) There is a Life and Health Insurance Guaranty...

Section 9-406 - Board of Directors - (a) (1) The Board of Directors of the Corporation consists...

Section 9-407 - Powers and Duties of Corporation - (a) For a member insurer that is an impaired insurer,...

Section 9-407.1 - Assumption of Reinsurance Contracts - (a) At any time within 180 days after the date...

Section 9-408 - Additional Powers of Corporation - The Corporation may: (1) enter into contracts that are necessary...

Section 9-409 - Assessments - (a) Members of the Corporation are subject to assessment as...

Section 9-410 - Plan of Operation - (a) (1) (i) The Corporation shall submit to the Commissioner...

Section 9-411 - Duties and Powers of Commissioner; Judicial Review; Notice of Effect of Subtitle - (a) (1) The Commissioner: (i) shall notify the Board of...

Section 9-412 - Detection and Prevention of Insurer Impairments - (a) (1) The Commissioner and Board of Directors have the...

Section 9-413 - Special Deputy - The Corporation may recommend an individual to serve as a...

Section 9-414 - Miscellaneous Provisions - (a) This subtitle may not be construed to reduce the...

Section 9-415 - Examination and Regulation; Financial Report - (a) The Corporation is subject to examination and regulation by...

Section 9-416 - Exemption From Payment of Fees and Taxes - Except for taxes on real property, the Corporation is exempt...

Section 9-417 - Immunity From Liability - (a) A member insurer or its agents or employees, the...

Section 9-418 - Stay of Proceedings; Default Judgments - (a) To allow proper legal action by the Corporation on...

Section 9-419 - Short Title - This subtitle is the Life and Health Insurance Guaranty Corporation...