Current with effective changes from the 2024 legislative session, chs. 2-121
Section 9-302 - Purposes of subtitle
The purposes of this subtitle are:
(1) to provide a mechanism for the prompt payment of covered claims under certain policies and to avoid financial loss to residents of the State who are claimants or policyholders of an insolvent insurer; and(2) to provide for the assessment of the cost of payments of covered claims and protection among insurers.