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§ 9-104. Powers and duties of Treasurer

West's Annotated Code of MarylandState Finance and Procurement

West's Annotated Code of Maryland
State Finance and Procurement
Division I. State Finance [Titles 1-10a] (Refs & Annos)
Title 9. State Insurance Program (Refs & Annos)
MD Code, State Finance and Procurement, § 9-104
§ 9-104. Powers and duties of Treasurer
State Insurance Program, Trust Fund
(a)(1) Subject to any limitation in an agreement or law, the Treasurer is responsible for the Program.
(2) The Treasurer shall administer the Fund.
(3) Notwithstanding any law that authorizes a unit of the State government to buy insurance, the Treasurer may:
(i) buy the insurance in accordance with Division II of this article; or
(ii) require the unit to obtain approval before the unit buys the insurance.
Regulations
(b) The Treasurer shall adopt necessary regulations:
(1) to set policies and procedures for payment on losses, including adjustment and approval;
(2) to collect from private insurers on losses; and
(3) otherwise to carry out the duties of the Treasurer under this title.
Assistance from Attorney General, State Fire Marshal
(c) The Office of the Attorney General and the State Fire Marshal shall cooperate with and assist the Treasurer in carrying out the duties of the Treasurer under this title.

Credits

Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985. Amended by Acts 1988, c. 187, § 1, eff. July 1, 1988.
Formerly Art. 95, §§ 26, 27A, 28, 33, 34.
MD Code, State Finance and Procurement, § 9-104, MD STATE FIN & PROC § 9-104
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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