Md. Code, State Finance and Procurement § 9-106
This is the official text of Md. Code, State Finance and Procurement § 9-106, part of Maryland’s Code, State Finance and Procurement — governs the state budget and government contracting.
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§9–106.
Official statutory text
(a) If a unit of the State government is funded by special or federal funds, the Treasurer shall assess the unit a premium for coverage under the Fund that is needed to pay losses due to total protection or applicable deductions on purchased insurance.
(b) After considering the potential exposure of the Fund and its loss experience, the Treasurer shall try to set premiums so as to produce funds that approximate the payments from the Fund.
(b) After considering the potential exposure of the Fund and its loss experience, the Treasurer shall try to set premiums so as to produce funds that approximate the payments from the Fund.
Status: in_force · Read it on the official government site
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