1. (a)

   1. (1) When the amount of the Fund equals at least $5,000,000, the payment of assessments by employers and insurers is suspended.
   2. (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.

2. (b)

   1. (1) Payment of assessments shall be resumed if:

      1. (i) the amount of the Fund becomes less than $3,000,000 because of payments made under § 9-1002 of this subtitle or other payments; or
      2. (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. (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:

      1. (i) resume on a specified date; and
      2. (ii) continue until the amount of the Fund becomes at least $5,000,000.

Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 1999, c. 316, § 1, eff. July 1, 1999.

Formerly Art. 101, § 91.