# Insurance (GIN)

## Title 14. Entities That Act as Health Insurers

### Subtitle 1. Nonprofit Health Service Plans

#### Section 14-115.1

(a) In this section, "officer" means any officer that a Maryland corporation is required or permitted to have under Sec. 2-412 of the Corporations and Associations Article.

(b)

  (1) An officer of a nonprofit health service plan shall act:

    (i) in good faith;

    (ii) in a manner that is reasonably believed to be in the best interests of the corporation and its controlled affiliates or subsidiaries that offer health benefit plans;

    (iii) in a manner that is consistent with the mission of a nonprofit health service plan as required under Sec. 14-102(c) of this subtitle; and

    (iv) with the care that an ordinarily prudent person in a like position would use under similar circumstances.

  (2) Except for the receipt of reasonable remuneration in conformity with Sec. 14-139 of this subtitle, an officer of a nonprofit health service plan may not use the position of officer for personal or financial enrichment.

  (3) A violation of this subsection shall be considered an unsound or unsafe business practice under Sec. 14-116 of this subtitle.

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Md. Code Ann., Ins. (as displayed at mgaleg.maryland.gov, October 16, 2026)