Capitalization of self-insurance fund

5 M.R.S. § 1733, under INSURANCE ON STATE-OWNED PROPERTY.

5 M.R.S. § 1733

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. [PL 1993, c. 470, §5 (AMD).]

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.