LD 852
pg. 8
Page 7 of 8 PUBLIC Law Chapter 315 LD 852 Title Page
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LR 1734
Item 1

 
F.__A group self-insurer's liability for participating in an
account is governed by this paragraph.

 
(1)__Each participating group self-insurer in an
account has a contingent assessment liability in
accordance with the plan of operation established
pursuant to paragraph B for payment of claims and
expenses incurred while a member of the account.

 
(2)__Each contract or other document certifying
participation in the account, issued by the account,
must contain a statement of the contingent liability of
participating group self-insurers.

 
G.__An account is exempt from payment of all fees and all
taxes levied by this State or any of its subdivisions,
except taxes levied on real or personal property.

 
H.__This subsection does not create any liability on the
part of, and a cause of action of any nature does not arise
against, any group self-insurer member, an account or its
agents or employees, the board of directors of an account or
its individual members or the Superintendent of Insurance or
the superintendent's representatives for any acts or
omissions taken by them in the performance of their powers
and duties under this subsection.__The immunity established
by this subsection does not extend to willful neglect or
malfeasance that would otherwise be actionable.

 
I.__Assets of an account's fund may be used exclusively for
payment of expenses of the account and payment of claims
against the account and for no other purpose.

 
J.__The Superintendent of Insurance shall adopt rules to
administer and effectuate the intent of this subsection.__
Rules adopted pursuant to this subsection are routine
technical rules as defined in Title 5, chapter 375,
subchapter 2-A.

 
K.__In the event of dissolution of an account, all assets remaining after
the satisfaction of all outstanding claims must be distributed to the
Treasurer of State to be included in the Maine Self-Insurance Guarantee
Association.


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