2010 Maryland Code
INSURANCE
TITLE 9 - IMPAIRED ENTITIES
Subtitle 4 - Life and Health Insurance Guaranty Corporation Act
Section 9-404 - Construction.
§ 9-404. Construction.
(a) Construction of subtitle.-
(1) This subtitle shall be liberally construed to carry out its purpose as specified in § 9-402 of this subtitle.
(2) Section 9-402 of this subtitle is an aid and guide to the interpretation of this subtitle.
(b) Use of words.- The words "policy" and "contract" are used interchangeably throughout this subtitle.
(c) Interpretation of state of residency.- A person may be a resident of only one state. For a person other than an individual, that state is the state in which its principal place of business is located.
[An. Code 1957, art. 48A, §§ 523, 524; 1996, ch. 11.]
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