Section 24-309 - Liability insurance; defense of sovereign immunity. - Maryland Statutes

§ 24-309. Liability insurance; defense of sovereign immunity.
 

(a)  Scope.-  

(1) The Board may carry comprehensive liability insurance to protect the Board, its agents, and employees. 

(2) The purchase of the insurance is for an educational purpose and is a valid educational expense. 

(b)  Minimum standards.-  

(1) The Board may adopt standards for the policies, including a minimum liability coverage that may not be less than $100,000 per occurrence. 

(2) Any policy purchased after the adoption of these standards shall conform to them. 

(c)  Self-insurance.- The Board complies with this section if it is self-insured, for at least $100,000 and not more than $500,000 per occurrence, under the rules and regulations of the State Insurance Commissioner. 

(d)  Defense of sovereign immunity.- This section does not prevent the Board, on its own behalf, from raising the defense of sovereign immunity to any amount of a claim in excess of the limit of an insurance policy or in excess of $100,000 in the case of self-insurance. 
 

[1994, ch. 282.]