PARRIS N. GLENDENING, Governor

Ch. 70

(1) the following policies of casualty insurance:

(ii) insurance against the liability of a person for whose acts or
omissions a physician or other health care provider is responsible under subitem (i) of this
item or with whom the physician or other health care provider is associated, including
partners, employees, employers, associates, consultants, or a professional service
corporation whose stock the insured owns; AND

DRAFTER'S NOTE:

Error: Omitted conjunction in § 24-206(1)(ii) of the Insurance Article.

Occurred: Ch. 11, Acts of 1996.

25-308.

(c) [(1)] Notwithstanding any other provision of this subtitle, after notice and
opportunity for a hearing, the Commissioner may suspend or revoke the authority of a
self-insurance group to operate if the Commissioner determines that the self-insurance
group:

[(i)] (1) is insolvent;

[(ii)](2) failed to pay the special fund contribution or regulatory fee
imposed on the self-insurance group;

[(iii)](3) failed to comply within the time set with a provision of this
subtitle, a regulation adopted under this subtitle, or a lawful order of the Commissioner;

[(iv)] (4) obtained its authority to operate by fraud, including making a
material misrepresentation in the application for authority to operate as a self-insurance
group;

[(v)](5) misappropriated, converted, illegally withheld, or refused to
pay on proper demand moneys that have been entrusted to the self-insurance group or its
administrator in its fiduciary capacity and that belong to a member of the self-insurance
group, an employee of a member, or a person entitled to payment; or

[(vi)] (6) for any other reason, must have its authority to operate
suspended or revoked to protect the members or insureds of a self-insurance group or the
public.

DRAFTER'S NOTE:

Error: Incorrect tabulation in § 25-308(c)(l) and extraneous conjunction in
§ 25-308(c)(l)(iv) of the Insurance Article.

Occurred: Ch. 11, Acts of 1996. Correction of the extraneous conjunction in
§ 25-308(c)(l)(iv) by the Michie Company in the 1996 Volume of the
Insurance Article is validated by this Act.

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