Maryland Code, LABOR AND EMPLOYMENT 9-403
Terms Used In Maryland Code, LABOR AND EMPLOYMENT 9-403
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
(b) To get the approval of the Commission for a self-insurance plan, an employer or a governmental self-insurance group shall apply to the Commission.
(c) The Commission may approve or deny the use of a self-insurance plan by an employer or a governmental self-insurance group.
(d) If the Commission denies the use of a self-insurance plan by an employer or governmental self-insurance group, the employer or governmental self-insurance group may apply to the Commission for approval to use another self-insurance plan.
(e) The Commission may revoke or modify its approval for use of a self-insurance plan if the Commission determines that revoking or modifying approval is reasonably necessary:
(1) to secure compensation; or
(2) except for a public service corporation under the jurisdiction of the Public Service Commission, to prevent or otherwise to reduce accidents.