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§ 9-417. Immunity from liability

West's Annotated Code of MarylandInsuranceEffective: October 1, 2012

West's Annotated Code of Maryland
Insurance (Refs & Annos)
Title 9. Impaired Entities
Subtitle 4. Life and Health Insurance Guaranty Corporation Act (Refs & Annos)
Effective: October 1, 2012
MD Code, Insurance, § 9-417
§ 9-417. Immunity from liability
Currentness
In general
(a) A member insurer or its agents or employees, the Corporation or its agents or employees, members of the Board of Directors, and the Commissioner or the Commissioner's representatives shall have the immunity from liability described in § 5-413 of the Courts Article for any action or omission taken by them in the performance of their powers and duties under this subtitle.
Corporation as participant in organization of one or more other state associations
(b) The immunity under subsection (a) of this section shall extend to:
(1) the Corporation as a participant in an organization of one or more other state associations of similar purposes to the Corporation; and
(2) the agents or employees of an organization in which the Corporation is a participant under item (1) of this subsection.

Credits

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997. Amended by Acts 1997, c. 14, § 20, eff. April 8, 1997; Acts 2012, c. 633, § 1, eff. Oct. 1, 2012; Acts 2012, c. 634, § 1, eff. Oct. 1, 2012.
Formerly Art. 48A, § 536.
MD Code, Insurance, § 9-417, MD INSURANCE § 9-417
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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