HARRY HUGHES, Governor

1681

(c)  "Physician" means any person licensed to practice
medicine in the State of Maryland and any person legally
practicing medicine without a license under § 14-302(1), (2),
(3), or (5) of the Health Occupations Article.

(d)  "Licensed physician" means any person licensed to
practice medicine in the State of Maryland.]

(E) "HEALTH CARE PROVIDER" MEANS A HOSPITAL, A RELATED

INSTITUTION AS DEFINED IN SECTION 19-301 OF THE HEALTH - GENERAL

ARTICLE, OR A PERSON LICENSED OR AUTHORIZED TO PRACTICE A HEALTH
OCCUPATION.

(F) "HEALTH CARE FACILITY" HAS THE SAME MEANING AS DEFINED
IN § 19-101(E) OF THE HEALTH - GENERAL ARTICLE.

[550.

(a) A nonstock corporation is created, known as the
"Medical Mutual Liability Insurance Society of Maryland,"
hereinafter referred to as "the Society." Except as otherwise
provided in this subtitle, the corporation has all the power,
privileges, and immunities granted by and is subject to all the
provisions with the exception of § 254 imposed upon mutual
insurers under the provisions of the Insurance Code (Article 48A)
of the Code and the applicable provisions of the Corporation Code
(Article 23) of the Code CORPORATIONS AND ASSOCIATIONS ARTICLE.

(b) The Society is exempted from the provisions of § 268A
of the Insurance Code (Article 48A) concerning agreements with
another for payment of consideration for management of insurer's
affairs.

(c) (B) The Society is a member of the Joint Insurance
Association and the Maryland Insurance Guaranty Association.]

[551.

(a) The Society is governed and all of its corporate powers
exercised by a board of directors which consists of NO LESS THAN
11 members. The initial board of directors shall be appointed by
the Governor within 30 days of June 1, 1975. The initial board
shall serve for an initial term ending seven months after June 1,
1975. Thereafter, directors shall be elected by the members of
the Society in accordance with the articles of incorporation and
bylaws.

The bylaws OF THE SOCIETY shall provide that: (1) Not more
than five members of the board of directors shall be licensed
physicians and, at least two of the directors shall have had
substantial experience as an officer or employee of an insurer,
AND AT LEAST 2 OF THE DIRECTORS SHALL BE OFFICERS AND EMPLOYEES
OF THE SOCIETY RESPONSIBLE FOR THE DAY-TO-DAY MANAGEMENT OF THE
SOCIETY; and (2) the board of directors shall consist of persons
who live in various and different geographical areas throughout
the State.