(a) (1) When the amount of the Fund equals at least $5,000,000, the payment of assessments by employers and insurers is suspended. (2) The Director shall notify each self-insured employer and insurer of the suspension of the payment of assessments under paragraph (1) of this subsection. (b) (1) Payment of assessments shall be resumed if: (i) the amount of the Fund becomes less than $3,000,000 because of payments made under § 9-1002 of this subtitle or other payments; or (ii) the Director determines that payments that are likely to be made from the Fund in the next 3 months will reduce the amount of the Fund to less than $3,000,000. (2) When payment of assessments is to be resumed under paragraph (1) of this subsection, the Director shall notify each self-insured employer and insurer that payment of assessments is to: (i) resume on a specified date; and (ii) continue until the amount of the Fund becomes at least $5,000,000.
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