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Current as of January 01, 2025 | Updated by Findlaw Staff
(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.
(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.
(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.
Cite this article: FindLaw.com - Maryland Code, State Finance and Procurement § 9-104 - last updated January 01, 2025 | https://codes.findlaw.com/md/state-finance-and-procurement/md-code-state-fin-and-proc-sect-9-104/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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