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Unannotated Code of Maryland (Last Updated: May 16, 2014) |
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INSURANCE |
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TITLE 9. IMPAIRED ENTITIES |
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SUBTITLE 3. PROPERTY AND CASUALTY INSURANCE GUARANTY CORPORATION |
§ 9-314. Immunity from liability; Corporation independent from State
Latest version.
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(a) Immunity from liability. -- A member insurer, the Corporation or its agents or employees, the Board of Directors, and the Commissioner or the Commissioner's representatives shall have the immunity from liability described in § 5-412 of the Courts Article.
(b) Corporation independent from State. -- Notwithstanding subsection (a) of this section, the Corporation is not and may not be deemed a department, unit, agency, or instrumentality of the State.