Md. Code, Insurance § 25-404
This is the official text of Md. Code, Insurance § 25-404, part of Maryland’s Code, Insurance — regulates insurance companies and the policies they sell.
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§25–404.
Official statutory text
(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 money of the Association is 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.
(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 money of the Association is 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.
Status: in_force · Read it on the official government site
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