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Ch. 576
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1842
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LAWS OF MARYLAND
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102.
Wherever the term UNINSURED employer is used in this
subtitle, it shall mean an [uninsured] employer[, that is, one]
who has failed to secure compensation to his employees in
accordance with the provisions of § 16 of this article.
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SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall
take effect July 1, 1983.
Approved May 31, 1983.
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CHAPTER 577
(House Bill 1283)
AN ACT concerning
Maryland Automobile Insurance Fund - Assessment Procedures
FOR the purpose of converting the Maryland Automobile Insurance
Fund's annual insufficiency assessment to an actual
experience, retroactive basis instead of prospective and
estimated, beginning in 1984; basing the actual assessment
on MAIF's cash flow or statutory loss, whichever is greater;
requiring MAIF policyholders to pay their proportionate
share of the assessment; removing the quarterly
certification of loss requirements; allowing Industry
Automobile Insurance Association members an additional
thirty days to calculate and pay their respective shares of
the assessment; simplifying the method for calculating
I.A.I.A members' assessment shares; allowing for under and
over recoupment; deleting obsolete statutory provisions;
defining certain terms; and generally relating to the
insufficiency assessment.
BY repealing
Article 48A - Insurance Code
Section 243M(e), (f), and (g), and 243N(d) through (f)
Annotated Code of Maryland
(1979 Replacement Volume and 1982 Supplement)
BY adding to
Article 48A - Insurance Code
Section 243L(m) through (p) and 243M(e) through (i)
Annotated Code of Maryland
(1979 Replacement Volume and 1982 Supplement)
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