Maryland Code, INSURANCE 9-206
Terms Used In Maryland Code, INSURANCE 9-206
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- state: means :
(1) a state, possession, territory, or commonwealth of the United States; or
(2) the District of Columbia. See - Transcript: A written, word-for-word record of what was said, either in a proceeding such as a trial or during some other conversation, as in a transcript of a hearing or oral deposition.
(i) is not executed by the Commissioner or a deputy, employee, or attorney of record of the Commissioner; and
(ii) is not connected with the commencement of an action or proceeding by or against the Commissioner or with the subsequent conduct of the action or proceeding.
(2) Subject to subsection (b) of this section, the Commissioner may not be required to pay to a public officer in the State a fee for filing, recording, or issuing a transcript or certificate or for authenticating a paper or instrument that relates to the exercise by the Commissioner of a power or duty of the Commissioner under this subtitle.
(b) (1) The Commissioner or deputy commissioner, when acting as receiver or ancillary receiver under this subtitle, shall pay all court costs out of the assets of the insurer before any distribution to creditors or termination of rehabilitation.
(2) In all cases, these costs and those specified in subsection (a) of this section shall:
(i) be charged in the accounts of the Commissioner to the court; or
(ii) be paid by the insurer as a condition of termination of the action or proceeding.