5 M.R.S. §1733: Capitalization of self-insurance fund
Where this section sits in the code
- TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
- PART 4: FINANCE
- CHAPTER 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.
Collected 2026-09-04T15:12:22Z. Source file · JSON