1. (a) In this part the following words have the meanings indicated.
2. (b) “Creditor” means a person with a claim against a provider.
3. (c) “Delinquency proceeding” means a proceeding under this subtitle to liquidate, rehabilitate, reorganize, or conserve a provider.

4. (d) “General assets” means:

   1. (1) all property that is not specifically mortgaged, pledged, deposited, or otherwise encumbered for the security or benefit of specified persons or a limited class of persons;
   2. (2) to the extent that property of a provider is specifically encumbered, the amount of the property or its proceeds that exceeds the amount necessary to discharge the encumbrance; and
   3. (3) assets held in trust and assets held on deposit for the security or benefit of all subscribers and creditors in the United States.
5. (e) “Receiver” includes a conservator, rehabilitator, and liquidator.

6. (f)

   1. (1) “Secured claim” means a claim that:

      1. (i) is secured by mortgage, trust deed, pledge, deposit as security, escrow, or otherwise; or
      2. (ii) has become a lien on specific assets through judicial process.
   2. (2) “Secured claim” does not include a special deposit claim or a claim against general assets.

7. (g)

   1. (1) “Special deposit claim” means a claim secured by a deposit required by law for the security or benefit of a limited class of persons.
   2. (2) “Special deposit claim” does not include a claim against general assets.

8. (h) “Transfer” means:

   1. (1) the sale or other direct or indirect disposition of property or an interest in property;
   2. (2) the fixing of a lien on property or an interest in property; or
   3. (3) the retention of a security title to property delivered to a debtor.

Added by Acts 2007, c. 3, § 2, eff. Oct. 1, 2007.