WILLIAM DONALD SCHAEFER, Governor                        Ch. 6

Error: Conjunction omitted, redundant language, and
incorrect terminology in Article 48A, § 617(k)(3).

Occurred: Ch. 396, Acts of 1987.

619.

Risk retention groups chartered in a state other than this
State, and seeking to do business as a risk retention group in
this State, shall observe and abide by the laws of this State as
follows:

(a) Before offering insurance in this State, and in order
to continue to offer insurance in this State, a risk retention
group shall submit to the Commissioner:

(2) (ii) The [provision of paragraph (2)(i) of this
subsection does] PROVISIONS OF SUBPARAGRAPH (I) OF THIS
PARAGRAPH DO not apply to any line or classification of liability
insurance which:

1.  Was defined in the Product Liability
Risk Retention Act of 1981 prior to October 27, 1986; and

2.  Was offered before October 27, 1986 by
any risk retention group which had been chartered and operating
for not less than 3 years prior to that date;

DRAFTER'S NOTE:

Error: Stylistic errors in Article 48A, §
619(a)(2)(ii).

Occurred: Ch. 396, Acts of 1987.

622.

(a) A purchasing group meeting the criteria established
under the provisions of the federal Liability Risk Retention
[Act] AMENDMENTS of 1986 shall be exempt from any law of this
State relating to the creation of groups for the purchase of
insurance, prohibition of group purchasing or any law that would
discriminate against a purchasing group or its members.

DRAFTER'S NOTE:

Error: Incorrect terminology in Article 48A, §
622(a).

Occurred: Ch. 396, Acts of 1987.

626.

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