Ch. 527                                    1996 LAWS OF MARYLAND

SHALL BE REINSTATED EFFECTIVE THE DATE THE LICENSE WAS ISSUED OR
RENEWED IF A LICENSE IS SUSPENDED UNDER SUBSECTION (A) OF THIS SECTION.
THE LICENSE SHALL BE REINSTATED EFFECTIVE THE DATE THE LICENSE WAS
SUSPENDED IF WITHIN 5 BUSINESS DAYS FROM THE DATE OF THE SUSPENSION THE
APPLICANT:

(I) PAYS THE FEE AND LATE CHARGE; OR

(II) PRESENTS EVIDENCE TO THE DEPARTMENT OR THE UNIT
THAT THE NOTICE OF DISHONOR WAS IN ERROR.

(D) SUSPENSION OF A LICENSE UNDER THIS SECTION SHALL MAY NOT
AFFECT ANY OTHERWISE VALID CLAIM UNDER ANY GUARANTY FUND MADE BY A
PERSON WHO DEALT IN GOOD FAITH WITH A LICENSEE, WITHOUT KNOWLEDGE OF
THE SUSPENSION.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act shall take effect
October 1, 1996.

Approved May 14, 1996.

CHAPTER 527
(House Bill 1199)

AN ACT concerning

Group Self-Insurance for Workers' Compensation

FOR the purpose of requiring a group of employers that self insures in a certain manner
for purposes of workers' compensation bo formed as a certain nonstock corporation;
requiring the regulations that the Maryland Insurance Commissioner adopts under
a certain law to include a certain requirement concerning the directors of a certain
self-insurance group; imposing a certain requirement on the governance of a
self insurance group; providing for the future codification of certain provisions of
this Act; and generally relating to group self-insurance for workers' compensation.

BY repealing and reenacting, with amendments,
Article 48A - Insurance Code
Section 609(b) and (d)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)

BY repealing and reenacting, without amendments,
Article 48A - Insurance Code
Section 609(d)
Annotated Code of Maryland
(1994 Replacement Volume and 1995 Supplement)

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