Md. Code, State Fin. & Proc. § 9-104
Md. Code, State Fin. & Proc. § 9-104
Maryland · Maryland Code, State Finance and Procurement · Status: effective
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- Citation
- Md. Code, State Fin. & Proc. § 9-104, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1787380
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Full text
(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.