Home Table of Contents

§ 9-106. Premiums for government units funded by special or federal funds

West's Annotated Code of MarylandState Finance and Procurement

West's Annotated Code of Maryland
State Finance and Procurement
Division I. State Finance [Titles 1-10a] (Refs & Annos)
Title 9. State Insurance Program (Refs & Annos)
MD Code, State Finance and Procurement, § 9-106
§ 9-106. Premiums for government units funded by special or federal funds
Currentness
In general
(a) If a unit of the State government is funded by special or federal funds, the Treasurer shall assess the unit a premium for coverage under the Fund that is needed to pay losses due to total protection or applicable deductions on purchased insurance.
Amount
(b) After considering the potential exposure of the Fund and its loss experience, the Treasurer shall try to set premiums so as to produce funds that approximate the payments from the Fund.

Credits

Added by Acts 1985, c. 11, § 2, eff. Oct. 1, 1985.
Formerly Art. 95, § 32.
MD Code, State Finance and Procurement, § 9-106, MD STATE FIN & PROC § 9-106
Current through legislation effective through April 25, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document