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Session Laws, 1996
Volume 794, Page 2782   View pdf image
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Ch. 456

1996 LAWS OF MARYLAND

(4) THE ADMINISTRATION MAY CHARGE A FEE FOR COPIES OF ANY REPORTS
REQUIRED UNDER THIS SECTION THAT ARE PROVIDED TO THE PUBLIC.

681.

(f) (1) "Plan" means any plan, fund, or other arrangement that is established,
maintained, or contributed to by an employer, by an employee organization, or by both, to
the extent that such plan, fund, or arrangement was established or is maintained for the
purpose of:

[(1)] (I) Providing for its participants or their beneficiaries, any of whom
are residents of this State, through the purchase of insurance or otherwise:

[(i)]1. Medical, surgical, or hospital care or benefits;

[(ii)]2. Benefits in the event of sickness, accident, disability, death,
or unemployment;

[(iii)]   3.   Vacation benefits;

[(iv)]   4.   Apprenticeship or other training programs;

[(v)]    5.   Day care centers;

[(vi)]   6.   Scholarship funds;

[(vii)]   7.   Prepaid legal services;

[(viii)]  8.   Severance pay arrangements; or

[(ix)]   9.   Supplemental retirement income payments; or

[(2)] (II) Providing retirement income to or permitting the deferral of
income by employees, any of whom are residents of this State, for periods extending to
the termination of covered employment or beyond.

(2) "PLAN" DOES NOT INCLUDE A PLAN, FUND, OR OTHER
ARRANGEMENT ESTABLISHED OR MAINTAINED SOLELY FOR THE PURPOSE OF
COMPLYING WITH THE WORKERS' COMPENSATION LAWS OF THE STATE

SECTION 2. AND BE IT FURTHER ENACTED, That the Laws of Maryland
read as follows:

Article 48A - Insurance Code

54.

(A) (1) All original and renewal certificates of authority heretofore or hereafter
issued to insurers shall, unless previously suspended or revoked, expire at midnight on the
30th day of June succeeding the date of the issuance of such certificate of authority. Upon
payment of the annual continuation fee provided in § 41 before the expiration date of a
certificate of authority, the same shall remain in effect until a new certificate of authority
is issued or specifically refused.

- 2782 -

 

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Session Laws, 1996
Volume 794, Page 2782   View pdf image
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