2013 Maryland Code
LABOR AND EMPLOYMENT
§ 10-105 - Fund subject to Insurance Article [Subtitle subject to revision effective October 1, 2013; revised subtitle follows this subtitle]

§10-105. IN EFFECT

(a) Except for Title 3, Subtitle 1, Title 8, Subtitle 3, and Title 11 of the Insurance Article and as otherwise provided by law, the Fund is subject to the Insurance Article to the same extent as an authorized domestic workers’ compensation insurer.

(b) Notwithstanding subsection (a) of this section, the Fund shall register with the Commissioner and be subject to the provisions of Title 8, Subtitle 3 of the Insurance Article if the Fund operates as an administrator, as defined in § 8-301 of the Insurance Article.

10-105. ** TAKES EFFECT OCTOBER 1, 2013 PER CHAPTER 570 OF 2012 **

(a) (1) There is a Board for the Injured Workers’ Insurance Fund.

(2) The Board shall manage the business and affairs of the Fund as an instrumentality of the State in accordance with State law.

(b) The Board is the Board for the Company established under Title 24, Subtitle 3 of the Insurance Article.

(c) Members of the Board that were appointed to the Board as of October 1, 2012, shall:

(1) continue to serve their current terms on the Board; and

(2) serve on the Board for the Company under the same terms and conditions as if they were appointed to the Board for the Company under Title 24, Subtitle 3 of the Insurance Article.

(d) The Board:

(1) shall be subject to the rules, bylaws, and procedures that the Board for the Company adopts under Title 24, Subtitle 3 of the Insurance Article; and

(2) may adopt any policy to carry out this subtitle.