Maryland § 24-203
Full text of Maryland Maryland Code § 24-203, with citation guidance and answers to common questions.
§ 24-203.
(a) (1) There is a Medical Mutual Liability Insurance Society of Maryland.
(2) The Society is a nonstock corporation.
(b) Except as otherwise provided in this subtitle, the Society has the powers, privileges, and immunities granted by and is subject to the provisions imposed on mutual insurers by this article and by the applicable provisions of the Corporations and Associations Article.
(c) The Society is a member of the Joint Insurance Association and the Property and Casualty Insurance Guaranty Corporation.
(d) (1) The Society is not and may not be deemed a department, unit, agency, or instrumentality of the State for any purpose.
(2) All debts, claims, obligations, and liabilities of the Society, whenever incurred, shall be the debts, claims, obligations, and liabilities of the Society only and not of the State or the State’s agencies, instrumentalities, officers, or employees.
(e) (1) The money of the Society is not part of the General Fund of the State.
(2) The State may not budget for or provide General Fund appropriations to the Society.
(3) The debts, claims, obligations, and liabilities of the Society are not a debt of the State or a pledge of the credit of the State.
Frequently Asked Questions About Maryland § 24-203
What does Maryland Code § 24-203 cover?
Section 24-203 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 24-203?
A common citation format is "Maryland Code § 24-203" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 24-203 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.