Section 10-106 - Operation of Fund in manner similar to domestic workers' compensation insurer. - Maryland Statutes

§ 10-106. Operation of Fund in manner similar to domestic workers' compensation insurer.
 

(a)  In general.- Subject to subsection (b) of this section, the Fund shall operate in a manner similar to an authorized domestic workers' compensation insurer. 

(b)  Duties and responsibilities.- The Fund shall: 

(1) serve as a competitive insurer in the marketplace; 

(2) guarantee the availability of workers' compensation insurance in the State; 

(3) serve as the workers' compensation insurer of last resort; and 

(4) engage only in the business of workers' compensation insurance in accordance with State law. 
 

[2009, ch. 336, §§ 1, 2.]