Maine Statutes
§ 5 §1733 — Capitalization of self-insurance fund
Maine·Title 5 ADMINISTRATIVE PROCEDURES AND SERVICES·Part 4 FINANCE·Ch. 152 INSURANCE ON STATE-OWNED PROPERTY
The self-insurance fund is capitalized by legislative appropriations, payments from state departments and agencies, investment income accruing to the self-insurance fund and by such other means as the Legislature approves.
Payments to the self-insurance fund from its participants must be calculated on a pro rata basis as determined by the State Controller and based on the prior claims experience of the departments or agencies.
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Legislative History
PL 1971, c. 239, §2 (NEW). PL 1983, c. 349, §15 (AMD). PL 1989, c. 857, §22 (AMD). PL 1993, c. 470, §5 (AMD). PL 2017, c. 284, Pt. O, §6 (AMD).
Nearby Sections
15
§ 5 §17001-1
Definitions§ 5 §17001-2
Definitions§ 5 §17003
Confidentiality of test§ 5 §17006
Civil liability§ 5 §1701
Authorization; deposit of policies§ 5 §17050
Legislative intent§ 5 §17052
Mandatory retirement§ 5 §17053
Exemption from taxation