(a) A self-insurance group is not liable for payments to the Property and Casualty Insurance Guaranty Corporation. (b) There is a Self-Insurers' Guaranty Fund. (c) The Uninsured Employers' Fund established under § 10-304 of the Labor and Employment Article shall administer the Self-Insurers' Guaranty Fund. (d) Each self-insurance group shall pay an assessment into the Self- Insurers' Guaranty Fund at the same level assessed against other workers' compensation insurers by the Property and Casualty Insurance Guaranty Corporation under Title 9, Subtitle 3 of this article. (e) (1) The Self-Insurers' Guaranty Fund shall pay any outstanding obligations of a self-insurance group that becomes insolvent. (2) If the Self-Insurers' Guaranty Fund becomes insolvent, any outstanding obligations of an insolvent self-insurance group are a joint and several liability of each member of the self-insurance group.
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