Maryland Code, Insurance § 9-304

(a)(1) There is a Property and Casualty Insurance Guaranty Corporation.

(2) The Corporation is a private, nonprofit, nonstock corporation.

(1) perform its functions in accordance with a plan of operation established and approved under § 9-307 of this subtitle; and

(2) exercise its powers through a Board of Directors established under § 9-305 of this subtitle.

(1) the title insurance account;

(2) the motor vehicle insurance account;

(3) the workers' compensation account; and

(4) the account for all other insurance to which this subtitle applies.

(f)(1) The Corporation 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 Corporation, whenever incurred, shall be the debts, claims, obligations, and liabilities of the Corporation only and not of the State or the State's agencies, instrumentalities, officers, or employees.

(g)(1) The money of the Corporation is not part of the General Fund of the State.

(2) The State may not budget for or provide General Fund appropriations to the Corporation.

(3) The debts, claims, obligations, and liabilities of the Corporation are not a debt of the State or a pledge of the credit of the State.