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Session Laws, 1995
Volume 793, Page 735   View pdf image
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PARRIS N. GLENDENING, Governor                                   Ch. 36

1.        LOSS OR DAMAGE TO A PERSON OR PROPERTY IN
CONNECTION WITH OR AS PART OF MARINE, INLAND MARINE, TRANSIT, OR
TRANSPORTATION INSURANCE ARISING OUT OF OR IN CONNECTION WITH THE
CONSTRUCTION, REPAIR, OPERATION, MAINTENANCE, OR USE OF THE SUBJECT
MATTER OF THE INSURANCE; AND

2.        LEGAL LIABILITY OF THE INSURED FOR LOSS OF OR
DAMAGE TO THE PERSON OR PROPERTY;

(III)    INSURANCE AGAINST LOSS OR DAMAGE TO PRECIOUS STONES,
JEWELS, JEWELRY, GOLD, SILVER AND OTHER PRECIOUS METALS, WHETHER USED
IN BUSINESS OR TRADE OR OTHERWISE OR WHETHER IN COURSE OF
TRANSPORTATION OR OTHERWISE; AND

(IV)    EXCEPT AS PROVIDED IN PARAGRAPH (2) OF THIS SUBSECTION,
INSURANCE AGAINST LOSS OR DAMAGE TO BRIDGES, TUNNELS, OTHER
INSTRUMENTALITIES OF TRANSPORTATION AND COMMUNICATION, AUXILIARY
FACILITIES AND RELATED EQUIPMENT, PIERS, WHARVES, DOCKS, SLIPS, OTHER AIDS
TO NAVIGATION AND TRANSPORTATION, DRY DOCKS, AND MARINE RAILWAYS.

(2) "MARINE INSURANCE" DOES NOT INCLUDE:

(I)      LIFE INSURANCE, SURETY BONDS, OR INSURANCE AGAINST
LOSS BECAUSE OF BODILY INJURY TO A PERSON ARISING OUT OF OWNERSHIP,
MAINTENANCE, OR USE OF AN AUTOMOBILE; OR

(II)     INSURANCE AGAINST LOSS OR DAMAGE TO BUILDINGS THAT
ARE INSTRUMENTALITIES OF TRANSPORTATION AND COMMUNICATION, THEIR
FURNITURE AND FURNISHINGS, AND FIXED CONTENTS AND SUPPLIES STORED IN
THE BUILDINGS.

REVISOR'S NOTE: This subsection is new language derived without substantive
change from former Art. 48A, § 70(1)(i).

Defined terms: "Insurance" § 1-101
"Life insurance" § 1-101
"Person" § 1-101

(AA) MARINE PROTECTION AND INDEMNITY INSURANCE.

(1)      "MARINE PROTECTION AND INDEMNITY INSURANCE" MEANS:

(I)       INSURANCE AGAINST LOSS, DAMAGE, OR EXPENSE ARISING
OUT OF OR INCIDENT TO THE OWNERSHIP, OPERATION, CHARTERING,
MAINTENANCE, USE, REPAIR, OR CONSTRUCTION OF A VESSEL, CRAFT, OR
INSTRUMENTALITY USED IN OCEAN OR INLAND WATERWAYS; AND

(II)     INSURANCE AGAINST LEGAL LIABILITY OF THE INSURED FOR
THE LOSS, DAMAGE, OR EXPENSE.

(2)      "MARINE PROTECTION AND INDEMNITY INSURANCE" INCLUDES
LEGAL LIABILITY OF THE INSURED FOR PERSONAL INJURY, ILLNESS, OR DEATH OR
FOR LOSS OR DAMAGE TO THE PROPERTY OF ANOTHER PERSON.

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Session Laws, 1995
Volume 793, Page 735   View pdf image
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