Volume 801, Page 667 View pdf image |
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ROBERT L. EHRLICH, JR., Governor Ch. 162 (ii) the Life and Health Insurance Guaranty Corporation; and (iii) any similar organization in another state. (d) Notwithstanding the provisions of subsections (b) and (c) of this section, if (1) expenses of administration; (2) the following claims without priority among them: (i) claims made by policyholders, beneficiaries, [or] insureds, OR (ii) liability claims against insureds that are within the coverage of (iii) claims of: 1. the Property and Casualty Insurance Guaranty 2. the Life and Health Insurance Guaranty Corporation; and 3. any similar organization in another state; (3) claims of the federal government not included in item (2) of this (4) the first $500 of compensation or wages owed to an officer or (5) claims for taxes and debts due any state or local government; and (6) all other claims of general creditors not falling within any other SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect Approved April 27, 2004. - 667 -
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Volume 801, Page 667 View pdf image |
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