1. (a) A self-insurance group is not liable for payments to the Property and Casualty Insurance Guaranty Corporation.
2. (b) There is a Self-Insurers' Guaranty Fund.
3. (c) The Uninsured Employers' Fund established under § 10-304 of the Labor and Employment Article shall administer the Self-Insurers' Guaranty Fund.
4. (d) Each self-insurance group shall pay an assessment into the Self-Insurers' Guaranty Fund at the same level assessed against other workers' compensation insurers by the Property and Casualty Insurance Guaranty Corporation under Title 9, Subtitle 3 of this article.

5. (e)

   1. (1) The Self-Insurers' Guaranty Fund shall pay any outstanding obligations of a self-insurance group that becomes insolvent.
   2. (2) If the Self-Insurers' Guaranty Fund becomes insolvent, any outstanding obligations of an insolvent self-insurance group are a joint and several liability of each member of the self-insurance group.

Added by Acts 1996, c. 11, § 1, eff. Oct. 1, 1997.

Formerly Art. 48A, §§ 608, 609.