There is a newer version of the Maryland Code
2013 Maryland Code
INSURANCE
§ 9-302 - Purposes of subtitle
MD Ins Code § 9-302 (2013) What's This?
§9-302.
The purposes of this subtitle are:
(1) to provide a mechanism for the prompt payment of covered claims under certain policies and to avoid financial loss to residents of the State who are claimants or policyholders of an insolvent insurer; and
(2) to provide for the assessment of the cost of payments of covered claims and protection among insurers.
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