HARRY HUGHES, Governor 1679
Assembly, the same shall take effect from the date of its
passage.
Approved May 21, 1985.
CHAPTER 129
(Senate Bill 69)
AN ACT concerning
Medical Mutual Liability Insurance Society of Maryland
FOR the purpose of repealing provisions of law relating to the
Medical Mutual Liability Insurance Society of Maryland;
providing that if the Insurance Commissioner finds that
under certain circumstances a substantial number of
physicians cannot obtain medical malpractice insurance, a
new Physicians Mutual Liability Insurance Company of
Maryland shall be created; providing for the establishment,
management, and procedure of the new company; and generally
relating to a mechanism for physicians to obtain liability
insurance in this State.
FOR the purpose of allowing the Medical Mutual Liability
Insurance Society of Maryland and its subsidiaries to issue
liability and property insurance for physicians and other
health care providers; allowing the Society and its
subsidiaries to issue nonassessable policies upon meeting
requirements of the law; allowing for the expansion of the
board of directors of the Society; removing certain
exemptions from the law; removing certain outdated
provisions; and generally relating to the structure and
activities of the Maryland Mutual Liability Insurance
Society.
BY repealing
Article 48A - Insurance Code
Section 548 through 556 and the subtitle "36. Medical
Mutual Liability Insurance Society of Maryland"
Section 555
Annotated Code of Maryland
(1979 Replacement Volume and 1984 Supplement)
BY adding to BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 548 through 556 to be under the new subtitle "36.
Physicians Mutual Liability Insurance Company of
Maryland" Section 497(b), 548 through 554, and 556
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