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§ 19-113. Settlement of liability claims brought for benefit of minors

West's Annotated Code of MarylandInsurance

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 19. Property and Casualty Insurance
Subtitle 1. General Provisions (Refs & Annos)
MD Code, Insurance, § 19-113
§ 19-113. Settlement of liability claims brought for benefit of minors
In general
(a) A parent of a minor or person in loco parentis of the minor may settle a claim under a liability insurance policy brought by the parent or person in loco parentis for the benefit of the minor.
Construction with Estates and Trusts Article
(b) The payment of a settlement of a claim made under this section for the benefit of a minor shall comply with Title 13, Subtitle 4 of the Estates and Trusts Article.

Credits

Added by Acts 2004, c. 553, § 1, eff. June 1, 2004.
MD Code, Insurance, § 19-113, MD INSURANCE § 19-113
Current through legislation effective through April 9, 2023, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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