(a) The commissioner may enter into an agreement with an appropriate agency of another jurisdiction with respect to:
(1) conflicts of jurisdiction;
(2) assumption of jurisdiction in a case in which the contract of employment arises in one state and the injury is incurred in another;
(3) procedures for proceeding against a foreign employer who fails to comply with this subtitle; and
(4) procedures for the appropriate agency to use to proceed against an employer of this state who fails to comply with the workers' compensation laws of the other jurisdiction.
(b) An executed agreement that has been adopted as a rule by the commissioner binds all subject employers and employees.
(c) In this section, "appropriate agency" means an agency of another jurisdiction that administers the workers' compensation laws of that jurisdiction.