Ch. 11

LAWS OF MARYLAND

DRAFTER'S NOTE: This corrects an outdated cross-reference
and corrects a stylistic error in a cross-reference in
Article 48A, § 551(b).

Ch. 311 of the Acts of 1975 created the "Corporations
and Association" article. Article 23, the
"Corporations" article, became Article 23,
"Miscellaneous Companies" in Ch. 567 of the Acts of
1976.

The stylistic error occurred in Ch. 544 of the Acts of
1975.

The stylistic error was noted by the Michie Company.
The outdated cross-reference was noted by the
professional staff of the Legislative Division of the
Department of Legislative Reference.

569.                                                         

(a) The Society is governed and all of its powers shall be
exercised by a board of directors consisting of not less than 11
members. The initial board of directors shall be appointed by the
Governor within 30 days after the provisions of this subtitle
become effective under § 567(b) OF THIS SUBTITLE. The directors
of the Society shall be appointed from a list of nominees
submitted by the Maryland State Bar Association, Inc. The
initial board shall serve for a term of six month's. Thereafter,
directors shall be elected by the members of the Society in
accordance with the articles of incorporation and bylaws of the
Society.                                                                                                                 

(c) Upon approval of the application for the certificate of
authority, the Commissioner shall issue the certificate
authorizing the Society to issue policies of property and
casualty insurance as follows:

(1)  Insurance against liability, of attorneys for
injury arising out of the rendering of or failure to render
professional services by the insured;

(2)  Insurance against the liability of any person for
whose acts or omissions an attorney is responsible under the
provisions of paragraph (1) OF THIS SUBSECTION, or with whom he
is associated, including partners, employees, employers,
associates, consultants, or a professional service corporation
whose stock is owned by an insured;

(3)  Insurance against other liability for injury by
persons employed in, by property used in, or by activities
incidental to, the practice of law by the named insured, when
issued as incidental coverage with or supplemental to insurance
specified in paragraph (1) OF THIS SUBSECTION;

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