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§ 9-730. Lump-sum payments-Conversion by insurer or self-insurer

West's Annotated Code of MarylandLabor and Employment

West's Annotated Code of Maryland
Labor and Employment
Title 9. Workers' Compensation (Refs & Annos)
Subtitle 7. Claims Procedure, Hearings, and Appeals (Refs & Annos)
MD Code, Labor and Employment, § 9-730
§ 9-730. Lump-sum payments-Conversion by insurer or self-insurer
Scope of section
(a) This section does not apply to compensation:
(1) for a serious disability under § 9-630 of this title; or
(2) payable by the Subsequent Injury Fund.
Conversion to lump sum
(b) Subject to the consent of the Commission, an insurer or self-insurer may convert an award of compensation for permanent partial disability, minus any attorney's fees, to a lump sum if the initial award did not exceed 51 weeks.
Discount prohibited
(c) An award may not be discounted because of a lump-sum payment.

Credits

Added by Acts 1991, c. 8, § 2, eff. Oct. 1, 1991. Amended by Acts 2008, c. 36, § 6, eff. April 8, 2008.
Formerly Art. 101, § 49A.
MD Code, Labor and Employment, § 9-730, MD LABOR & EMPLY § 9-730
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
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