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Session Laws, 1997
Volume 795, Page 1430   View pdf image
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Ch. 70

1997 LAWS OF MARYLAND

10-122.

(a) If, at any time, the amount of money in the Fund exceeds the amount that the
Board considers necessary for immediate use, the State Treasurer shall:

(1) invest the excess in any investment authorized under [Article 48A, §§ 97
through 107 of the Code] TITLE 5, SUBTITLE 6 OF THE INSURANCE ARTICLE for
insurance companies; or

10- 126.

(b) (1) On or before October 1 of each year, the Fund shall submit to the
Governor:

(iii) information about provision for claim payment, as defined in
[Article 48A, § 244A(g) of the Code] § 11-330(A) OF THE INSURANCE ARTICLE, for
each class for which the Fund writes coverage; and

(2) (ii) The form shall conform as closely as possible to the form that a
rating organization uses to comply with [Article 48A, §§ 244G and 244Y of the Code] §§

11- 307, 11-329, AND 11-330 OF THE INSURANCE ARTICLE.

Article - Real Property

10- 302.

(a) The bond shall be payable to the State for the use and benefit of every person
protected by the provisions of this subtitle. The vendor or purchaser shall deposit the
bond with the Insurance [Division] ADMINISTRATION.

(b) The corporate surety bond obtained pursuant to the provisions of § 10-301(a)
shall be in a form approved by the Insurance [Division] ADMINISTRATION. The bond
may be either in the form of an individual bond for each deposit accepted by a vendor or
builder or if the total amount of money and deposits accepted by the builder or vendor
exceeds $10,000, it may be in the form of a blanket bond assuring the return of the
deposits received by the vendor or builder.

11- 111.1.

(g) (1) A day care provider in a condominium:

(i) Shall obtain the liability insurance described under [Article 48A, §
481D of the Code] §§ 19-106 AND 19-202 OF THE INSURANCE ARTICLE in at least the
minimum amount described under that statute; and

Article - State Finance and Procurement

3-302.

(b) Unless, with the approval of the Secretary, a unit of the State government
assigns the claim to the Central Collection Unit, the Central Collection Unit is not
responsible for and may not collect:

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Session Laws, 1997
Volume 795, Page 1430   View pdf image
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