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Me. Rev. Stat. tit. 5, § 1733

Capitalization of self-insurance fund

PL 1971, c. 239, §2 (NEW)

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.

Official source: Maine Legislature. Reproduced from public-domain Maine statutes; confirm against the official source for the current text. Not legal advice.