§ 25–307
Statutes in effect as of October 1, 2026.
Md. Code Ann., Ins. § 25-307 (2026)
Title 25. Alternative Market Mechanisms
Subtitle 3. Group Self-Insurance for Workers' Compensation
§ 25–307LinkCopy Citation
The Commissioner may:
(1)
require actuarial studies and audits to determine the financial solvency of each self-insurance group as often as the Commissioner desires;
(2)
assess each self-insurance group an annual amount of not more than $500 to be used for the actuarial studies and audits; and
(3)
require an annual report that may include payroll audit reports, summary loss reports, and quarterly financial statements.