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2017 Maryland Code
Labor and Employment
Title 9 - Workers' Compensation
Subtitle 10 - Uninsured Employers
§ 9-1011. Suspension and resumption of assessments
Universal Citation: MD Lab & Emp Code § 9-1011 (2017)
- (a) Suspension of assessments. --
- (1) When the amount of the Fund equals at least $ 5,000,000, the payment of assessments by employers and insurers is suspended.
- (2) The Director shall notify each self-insured employer and insurer of the suspension of the payment of assessments under paragraph (1) of this subsection.
- (b) Resumption of assessments. --
- (1) Payment of assessments shall be resumed if:
- (i) the amount of the Fund becomes less than $ 3,000,000 because of payments made under ยง 9-1002 of this subtitle or other payments; or
- (ii) the Director determines that payments that are likely to be made from the Fund in the next 3 months will reduce the amount of the Fund to less than $ 3,000,000.
- (2) When payment of assessments is to be resumed under paragraph (1) of this subsection, the Director shall notify each self-insured employer and insurer that payment of assessments is to:
- (i) resume on a specified date; and
- (ii) continue until the amount of the Fund becomes at least $ 5,000,000.
- (1) Payment of assessments shall be resumed if:
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