Md. Code Ann., Lab. & Empl. § 9-730
Lump-sum payments-Conversion by insurer or self-insurer
Effective Apr 8, 2008Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.State of Maryland
(a) This section does not apply to compensation:
- (1) for a serious disability under § 9-630 of this title; or
- (2) payable by the Subsequent Injury Fund.
- (b) Subject to the consent of the Commission, an insurer or self-insurer may convert an award of compensation for permanent partial disability, minus any attorney's fees, to a lump sum if the initial award did not exceed 51 weeks.
- (c) An award may not be discounted because of a lump-sum payment.
Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.
Formerly Art. 101, § 49A.