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F.__A group self-insurer's liability for participating in an | | account is governed by this paragraph. |
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| | | (1)__Each participating group self-insurer in an | | account has a contingent assessment liability in | | accordance with the plan of operation established | | pursuant to paragraph B for payment of claims and | | expenses incurred while a member of the account. |
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| | | (2)__Each contract or other document certifying | | participation in the account, issued by the account, | | must contain a statement of the contingent liability of | | participating group self-insurers. |
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| | | G.__An account is exempt from payment of all fees and all | | taxes levied by this State or any of its subdivisions, | | except taxes levied on real or personal property. |
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| | | H.__This subsection does not create any liability on the | | part of, and a cause of action of any nature does not arise | | against, any group self-insurer member, an account or its | | agents or employees, the board of directors of an account or | | its individual members or the Superintendent of Insurance or | | the superintendent's representatives for any acts or | | omissions taken by them in the performance of their powers | | and duties under this subsection.__The immunity established | | by this subsection does not extend to willful neglect or | | malfeasance that would otherwise be actionable. |
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| | | I.__Assets of an account's fund may be used exclusively for | | payment of expenses of the account and payment of claims | | against the account and for no other purpose. |
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| | | J.__The Superintendent of Insurance shall adopt rules to | | administer and effectuate the intent of this subsection.__ | | Rules adopted pursuant to this subsection are routine | | technical rules as defined in Title 5, chapter 375, | | subchapter 2-A. |
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| | | K.__In the event of dissolution of an account, all assets remaining after | | the satisfaction of all outstanding claims must be distributed to the | | Treasurer of State to be included in the Maine Self-Insurance Guarantee | | Association. |
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