WILLIAM DONALD SCHAEFER, Governor                             Ch. 5

Effect has been given to both. This corrects a stylistic error in the codification
of the 1991 Acts in the 1992 Cumulative Supplement to the 1991 Replacement
Volume of Volume 5 of the Annotated Code of Maryland.

486-2.

(c) The financial institution in which a [commingle] COMMINGLED account is
maintained under this section shall pay the interest earned on the account at least
quarterly, less any service charges of the financial institution, to the Maryland Affordable
Housing Trust to enhance the availability of affordable housing throughout the State as
provided in Article 83B, § 11-102 of the Code.

DRAFTER'S NOTE:

Error: Incorrect word usage in Article 48A, § 486-2(c).

Occurred: Ch. 265, Acts of 1992.

541.

(g) (4) Failure of the first named insured to make [a] AN affirmative written
waiver under this subsection requires an insurer to provide uninsured motorist coverage
in an amount equal to the amount of the liability coverage, where the liability insurance
coverage under a policy or binder of private passenger motor vehicle insurance is in
excess of that required under § 17-103 of the Transportation Article.

DRAFTER'S NOTE:

Error: Grammatical error in Article 48A, § 541(g)(4).

Occurred: Ch. 641, Acts of 1992. Correction by the Michie Company in the
1992 Cumulative Supplement to the 1991 Replacement Volume of Volume 5
of the Annotated Code of Maryland is validated by this Act.

669.

(a)     A managing general agent may not:

(9) Permit an agent or employee of the managing general agent to serve on
an insurer's [boards] BOARD of directors.

DRAFTER'S NOTE:

Error: Incorrect word usage in Article 48A, § 669(a)(9).

Occurred: Ch. 268, Acts of 1991.
681.

(b)     (2) "Administrator" does not include a person who:

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