§1733. Capitalization of self-insurance fund
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. [PL 1993, c. 470, §5 (AMD).]
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. [PL 2017, c. 284, Pt. O, §6 (AMD).]
SECTION 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).
Structure Maine Revised Statutes
TITLE 5: ADMINISTRATIVE PROCEDURES AND SERVICES
Chapter 152: INSURANCE ON STATE-OWNED PROPERTY
5 §1711. The Maine Insurance Advisory Board (REPEALED)
5 §1712. Meetings; compensation (REPEALED)
5 §1713. Personnel; selection; duties (REPEALED)
5 §1714. Powers and duties of the board (REPEALED)
5 §1715. Removal of members; vacancies (REPEALED)
5 §1716. Records; audit (REPEALED)
5 §1718. Reserve Fund for Uninsured Losses (REPEALED)
5 §1719. Payments; amount (REPEALED)
5 §1720. Fund limitations (REPEALED)
5 §1721. Administration; uninsured losses (REPEALED)
5 §1722. Size of deductible (REPEALED)
5 §1725. The Maine Insurance Advisory Board (REPEALED)
5 §1726. Meetings; compensation (REPEALED)
5 §1727. Personnel; selection; duties (REPEALED)
5 §1727-A. Conflict of interest prohibited
5 §1728. Powers and duties of the board (REPEALED)
5 §1728-A. Powers and duties of the State Controller
5 §1729. Removal of members; vacancies (REPEALED)
5 §1731. Reserve fund for self-insured retention losses
5 §1731-A. Limitation and provision for stop-loss insurance
5 §1733. Capitalization of self-insurance fund
5 §1734. Self-insurance fund limitation