Volume 795, Page 1362 View pdf image |
Ch. 57 1997 LAWS OF MARYLAND In subsection (a)(2) of this section, the reference to the "notification of In subsection (b)(1) and (3) of this section, the words "initial" and In subsection (c)(3) of this section, the reference to the "Commissioner" Former Art. 48A, § 706(a)(2), which required an election to be submitted to Defined terms: "Carrier" § 1 "Commissioner" IN § 1-101 "Reinsuring carrier" § 1 13. Maryland Health Reinsurance Pool. (a) Establishment. The Commissioner shall establish the Maryland Health Reinsurance Pool and shall (b) Commencement of operations. The Pool shall be operational and may reinsure claims in accordance with this (c) Initial meetings of Board of Directors. (1) By July 1, 1994, the Commissioner shall notify all carriers applying to sell (2) Until Board members are elected, the Commissioner shall convene the (3) The initial organizational meeting shall take place by October 1, 1994. (d) Membership of Board of Directors. (1) The reinsuring carriers shall elect an initial Board of Directors to be (2) If the initial Board is not elected at the organizational meeting, the - 1362 -
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Volume 795, Page 1362 View pdf image |
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