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2014 Regular Session



Legal Mutual Liability Insurance Society of Maryland - Conservatorship and Transfer

Sponsored by:

Delegate Rosenberg


Vetoed by the Governor (Duplicative)

Synopsis:Providing for the assumption and exercise of specified powers of the Legal Mutual Liability Insurance Society of Maryland by the Minnesota Lawyers Mutual Insurance Company (Minnesota Mutual) in a specified manner for specified purposes; appointing Minnesota Mutual as conservator of the Society for a specified period for specified purposes; providing powers to Minnesota Mutual for specified purposes; requiring Minnesota Mutual to provide specified public notice; authorizing transfer of specified assets and liabilities; etc.
Analysis:Fiscal and Policy Note (Revised)
All Sponsors:Delegates Rosenberg, Barkley, Barnes, Haddaway-Riccio, Impallaria, Jameson, Love, McHale, W. Miller, Mitchell, Rudolph, and Schulz
Additional Facts:Cross-filed with: SB0886
Bill File Type: Regular
Effective Date(s): July 1, 2014, January 1, 2016
Economic Matters   View Committee HearingFinance   View Committee Hearing
Broad Subject(s):Insurance - Other than Health
Narrow Subject(s):Attorneys
Contracts -see also- Land Installment Contracts; Procurement
Insurance -see also- Health Ins; MAIF; Motor Vehicle Ins
Liability -see also- Good Samaritan

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October 24, 2017 1:53 P.M.