2013 Maryland Code
INSURANCE
§ 25-404 - Legal status of Association


MD Ins Code § 25-404 (2013) What's This?

§25-404.

(a) (1) The Association is not and may not be deemed a department, unit, agency, or instrumentality of the State.

(2) All debts, claims, obligations, and liabilities incurred by the Association shall be the debts, claims, obligations, and liabilities of the Association only and not of the State or the State’s agencies, instrumentalities, officers, or employees.

(b) (1) The moneys of the Association are not part of the General Fund of the State.

(2) The State may not budget for or provide General Fund appropriations to the Association.

(3) The debts, claims, obligations, and liabilities of the Association are not debts of the State or pledges of the credit of the State.

(c) The records, reports, and communications of the Association, the Governing Committee, the committees of the Association, and their representatives, agents, and employees are not public documents.

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