Maryland Statutes

§ 13-403

Maryland·Article ged Education·Title 13
(a)(1) On the transfer date, the Medical System Corporation shall take all legal action necessary to assume the Montebello liabilities, but only to the extent expressly provided in this subtitle.
(2)The Medical System Corporation is not liable for any other debts, obligations, or liabilities of the State, the Maryland Department of Health, or the University incurred or arising in connection with Montebello prior to the transfer date.
(3)This assumption of liabilities shall be an assumption of the liabilities as they exist on the transfer date.
(4)This subsection shall be construed and applied to give effect to all provisions of law and defenses applicable to the liabilities prior to the transfer date.
(b)On the transfer date, the Medic

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Nearby Sections

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§ 13-101
§ 13-101
§ 13-102
§ 13-102
§ 13-103
§ 13-103
§ 13-104
§ 13-104
§ 13-105
§ 13-105
§ 13-106
§ 13-106
§ 13-107
§ 13-107
§ 13-201
§ 13-201
§ 13-202
§ 13-202
§ 13-203
§ 13-203
§ 13-204
§ 13-204
§ 13-205
§ 13-205
§ 13-205.1
§ 13-205.1
§ 13-206
§ 13-206
§ 13-207
§ 13-207
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