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Session Laws, 1996
Volume 794, Page 249   View pdf image
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PARRIS N. GLENDENING, Governor

Ch. 11

subsection is that the entities listed in subsection (b) of this section are
deemed to be insurers for purposes of this subtitle.

The Insurance Article Review Committee notes these changes for the
consideration of the General Assembly. No substantive change is intended.

As to the effect of this section as part of the Uniform Insurers Liquidation
Act, see § 9-202 of this subtitle.

Defined terms: "Commissioner" § 1-101

"Insurance business" §§ 1-101 and 9-201
"Insurer" § 1-101
"Person" § 1-101
"State" § 9-201

9-204. EXCLUSIVENESS OF REMEDY.

A DELINQUENCY PROCEEDING IS THE EXCLUSIVE METHOD OF LIQUIDATING,
REHABILITATING, REORGANIZING, OR CONSERVING AN INSURER.

REVISOR'S NOTE: This section is new language derived without substantive
change from the first clause of former Art. 48A, § 133(c).

Defined terms: "Delinquency proceeding" § 9-201
"Insurer" § 1-101

9-205. IMMUNITY FROM LIABILITY.

THE COMMISSIONER, DEPUTY COMMISSIONER, SPECIAL DEPUTY
COMMISSIONER, OR ANY PERSON ACTING AS RECEIVER IN A REHABILITATION,
LIQUIDATION, OR CONSERVATION AS A RESULT OF A COURT ORDER ISSUED ON OR
AFTER JANUARY 1, 1985, SHALL HAVE THE IMMUNITY FROM LIABILITY DESCRIBED
IN § 5-333 OF THE COURTS ARTICLE.

REVISOR'S NOTE: This section is new language derived without substantive
change from former Art. 48A, § 164B(a).

The former specific reference to immunity for a receiver of a "surety" insurer
is deleted to avoid unnecessary confusion about the absence of references to
other types of insurers.

Defined terms: "Commissioner" § 1-101
"Person" § 1-101
"Receiver" § 9-201

9-206. FEES AND COSTS.

(A) COMMISSIONER EXEMPT FROM FEES.

(1) THIS SUBSECTION APPLIES EVEN IF A PAPER OR INSTRUMENT:

(I) IS NOT EXECUTED BY THE COMMISSIONER OR A DEPUTY,
EMPLOYEE, OR ATTORNEY OF RECORD OF THE COMMISSIONER; AND

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Session Laws, 1996
Volume 794, Page 249   View pdf image
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