Md. Code, Ins. § 24-311
Md. Code, Ins. § 24-311
Maryland · Maryland Code, Insurance · Status: effective
Cite this
- Citation
- Md. Code, Ins. § 24-311, Maryland, version 1 as recorded 2026-09-29, yourstate.us, https://yourstate.us/provision/1780103
- Permanent ID
ys:prov:1780103@1- SHA-256
064a6f397e562006d243ae9da5297cff235c68f4675a083553a27817acfea713
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) Except as provided in subsections (b) and (c) of this section, on October 1, 2013, all the functions, powers, duties, assets, real and personal property, accounts, liabilities, contracts, and obligations of the Fund shall be irrevocably transferred to the Company, including liability for all claims, whether known or unknown, arising out of any insurance policy previously issued by the Fund.
(b) Any contract or agreement with the State for the third party administration of the State’s Self–Insured Workers’ Compensation Program for State Employees may not be transferred or assigned to the Company until the Fund no longer has employees.
(c) The Fund shall retain those assets necessary to perform its duties under Title 10 of the Labor and Employment Article.