Md. Code, Insurance § 24-303
Md. Code, Insurance § 24-303
in effect(a) There is a Chesapeake Employers’ Insurance Company.
(b) The Company shall be:
(1) a private, nonprofit, nonstock corporation organized under State law; and
(2) subject to the applicable provisions of the Corporations and Associations Article as a nonstock corporation.
(c) Before October 1, 2013, the Company shall:
(1) file articles of incorporation under the Corporations and Associations Article; and
(2) take all steps necessary to be a private, nonprofit, nonstock corporation organized under State law.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://mgaleg.maryland.gov/mgawebsite/Laws/StatuteText?article=gin§ion=24-303&enactments=falseFetched: 10/17/2026