|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ch. 567 2000 LAWS OF MARYLAND
|
|
|
|
|
|
|
|
|
from State money; repealing the requirement that the State Treasurer disburse
money from the Fund in a certain manner; repealing certain requirements
relating to the State Treasurer and Fund investments; repealing the requirement
that the Legislative Auditor conduct a fiscal audit of the Fund, a compliance
audit of the Fund, a statutory audit of the Fund, and a market conduct survey of
the Fund; repealing the requirement that the Fund pay for the fiscal portion of
the postaudit examination, the market conduct survey, and the statutory audit
conducted by the Legislative Auditor; repealing the requirement that the
Legislative Auditor submit the results of each audit to the Governor and to the
Legislative Policy Committee; repealing the requirement that the Legislative
Auditor submit the results of the market conduct survey to the Legislative Policy
Committee; requiring the Fund to be examined in accordance with provisions of
the Insurance Article relating to the examination of an insurer's affairs,
transactions, accounts, records, and assets; requiring the Fund to be subject to
certain regulatory provisions of the Insurance Article; prohibiting the Insurance
Commissioner from taking a certain action except under certain circumstances;
allowing the Insurance Commissioner to examine or review the Fund for
compliance with certain laws; requiring the Insurance Commissioner to report to
the Board on the results of a certain examination or review; requiring the
Insurance Commissioner to ensure that the Fund meets certain solvency
standards before the Fund may become a member of a certain corporation;
providing that a certain service does not count toward a certain term limitation;
defining certain terms; and generally relating to the Injured Workers' Insurance
Fund.
BY repealing and reenacting, with amendments,
Article - Labor and Employment
Section 10-101, 10-105, 10-110, 10-112, 10-113(a), 10-118, 10-122, and 10-125
Annotated Code of Maryland
(1999 Replacement Volume)
BY repealing
Article - Labor and Employment
Section 10-119 and 10-124
Annotated Code of Maryland
(1999 Replacement Volume)
SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That the Laws of Maryland read as follows:
Article - Labor and Employment
10-101.
(a) In this subtitle the following words have the meanings indicated.
(B) "ADMINISTRATION" MEANS THE MARYLAND INSURANCE
ADMINISTRATION.
|
|
|
|
|
|
|
|
|
|
- 3010 -
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
 |
