There is a newer version of the Maryland Code
Maryland Labor and Employment Section 10-121
§ 10-121.
  The Board shall keep:
    (1)   a catastrophe surplus sufficient to cover catastrophic hazards for which the Fund writes coverage; and
    (2)   reserves sufficient to:
      (i)   meet anticipated losses of the Fund; and
      (ii)   carry to maturity policies that the Fund issues.
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