Section 10-106 - Operation of Fund in manner similar to domestic workers' compensation insurer.
§ 10-106. Operation of Fund in manner similar to domestic workers' compensation insurer.
(a) In general.- Subject to subsection (b) of this section, the Fund shall operate in a manner similar to an authorized domestic workers' compensation insurer.
(b) Duties and responsibilities.- The Fund shall:
(1) serve as a competitive insurer in the marketplace;
(2) guarantee the availability of workers' compensation insurance in the State;
(3) serve as the workers' compensation insurer of last resort; and
(4) engage only in the business of workers' compensation insurance in accordance with State law.
[2009, ch. 336, §§ 1, 2.]