WILLIAM DONALD SCHAEFER, Governor Ch. 630

article (rates and rating organization) to the extent that such
Subtitle 16 is, by its terms, applicable thereto.

(c)  The Commissioner shall promulgate rules, regulations
and definitions necessary for the purpose of effectuating the
provisions of subsection (b) as it applies to property or
casualty insurance on motor vehicles.

(d)  This section does not apply to life insurance, health
insurance, annuity contracts, or to any pooling arrangement by
ATHLETIC CLUBS, CHARITABLE ORGANIZATIONS, COMMUNITY ASSOCIATIONS,
HOMEOWNERS' ASSOCIATIONS, AND public entities under § 482B of
this article [or by charitable organizations exempt from taxation
under Section 501(C)(3) of the Internal Revenue Code of 1954] for
the purpose of purchasing insurance under this section.

482B.

(a) (1) IN THIS SECTION THE FOLLOWING WORDS HAVE THE
MEANINGS INDICATED.

(2)  "ATHLETIC CLUB" MEANS A CLUB ORGANIZED AND
OPERATED EXCLUSIVELY FOR RECREATIONAL PURPOSES, THAT IS EXEMPT
FROM TAXATION UNDER SECTION § 501(C)(7) OF THE INTERNAL REVENUE
CODE OF 1954.

(3)  "CHARITABLE ORGANIZATION" MEANS AN ORGANIZATION,
INSTITUTION, ASSOCIATION, SOCIETY, OR CORPORATION THAT IS EXEMPT
FROM TAXATION UNDER SECTION § 501(C)(3) OF THE INTERNAL REVENUE
CODE OF 1954.

(4)  "COMMUNITY ASSOCIATION" MEANS A NONPROFIT
ASSOCIATION, CORPORATION, OR OTHER ORGANIZATION COMPRISED OF
RESIDENTS OF A COMMUNITY, WHICH IS OPERATED EXCLUSIVELY FOR THE
PROMOTION OF SOCIAL WELFARE AND GENERAL NEIGHBORHOOD IMPROVEMENT
AND ENHANCEMENT.

(5)  "HOMEOWNERS' ASSOCIATION" MEANS A NONPROFIT
ORGANIZATION COMPRISED OF PROPERTY OWNERS IN A SUBDIVISION OR
GROUP OF SUBDIVISIONS WHOSE PURPOSE IS TO REPRESENT THE MUTUAL
INTEREST OF THE PROPERTY OWNERS REGARDING THE CONSTRUCTION,
PROTECTION, AND MAINTENANCE OF THE COMMONLY OWNED OR USED
PROPERTY AND IMPROVEMENTS.

(6)  "Public entity" means any political subdivision
or unit of State or local government, including any nonprofit or
nonstock corporation that is exempt from taxation under Section §
501(c)(3) or (4) § 501(C)(4) of the Internal Revenue Code of 1954
and receives 50 percent or more of its annual operating budget
from the State or local government.

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