Maryland § 9-408
Full text of Maryland Maryland Code § 9-408, with citation guidance and answers to common questions.
§ 9-408.
(a) Any agreement of an employer that indemnifies the employer for damage or loss due to the injury of an employee caused by accidental personal injury, occupational disease, or negligence of the employer or an agent, officer, or servant of the employer is void unless the agreement also covers the liability of the employer to pay compensation under this title.
(b) An agreement by a covered employee to pay to or for an employer any part of a premium for coverage under this title is void.
(c) A letter of credit issued under this subtitle shall contain:
(1) a provision that the letter of credit is irrevocable for the term specified;
(2) a provision that the letter of credit renews automatically at the end of the term unless written notice of nonrenewal is sent by the financial institution to the Commission by registered mail at least 60 days before the date of expiration;
(3) a statement that the letter of credit is not subject to any condition or qualification; and
(4) a statement that the letter of credit is governed by the Uniform Customs and Practice for Documentary Credits of the International Chamber of Commerce.
Frequently Asked Questions About Maryland § 9-408
What does Maryland Code § 9-408 cover?
Section 9-408 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 § 9-408?
A common citation format is "Maryland Code § 9-408" (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 § 9-408 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.