Maryland Statutes

§ 24-309

Maryland·Article gin Insurance·Title 24
(a)The Company is not and may not be deemed to be a department, unit, agency, or instrumentality of the State for any purpose.
(b)Employees of the Company are not:
(1)employees of the State; or
(2)members of the State Retirement and Pension System.
(c)All debts, claims, obligations, and liabilities of the Company, whenever incurred, shall be the debts, claims, obligations, and liabilities of the Company only and not of the State or the State’s departments, units, agencies, instrumentalities, officers, or employees.
(d)(1) Money of the Company is not part of the General Fund of the State.
(2)The State may not budget for or provide General Fund appropriations to the Company.
(3)The debts, claims, obligation

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Nearby Sections

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§ 24-201
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§ 24-301
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