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Session Laws, 1945
Volume 589, Page 702   View pdf image (33K)
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702 LAWS OF MARYLAND. [CH. 637

such compensation to which the employer is liable and after
the completion of the payments therefor provided by this
Article, the employee shall be entitled to receive and shall be
paid additional compensation from a special fund to be known
as the "Second Injury Fund", created for such purpose, in the
manner described hereafter in this Act, it being the intent of
this Act to make the total payments to which such employee
shall become entitled equal to the compensation that would be
due for permanent total disability.

(2) The employer, or, if insured, his insurance carrier, or
the State Accident Fund, as the case may be, shall pay to
the State Industrial Accident Commission the sum of One
Hundred Dollars ($100. 00), in each case of accidental injury
as defined in this Article occuring after June 1, 1945 and caus-
ing death, and Ten Dollars ($10. 00) in each such case of injury
causing permanent partial disability, as specified in Section
48 (3) of this Article. These payments shall be in addition to
any payment of compensation to injured employees or their de-
pendents, as provided in this Article.

The State Industrial Accident Commission shall promptly
remit all such payments received by it to the Treasurer of
the State of Maryland, to be held, managed and disbursed
by him, as hereinafter provided. These payments received by
the Treasurer from the State Industrial Accident Commis-
sion shall constitute a special indemnity fund to be known
as the "Second Injury Fund". Such Fund shall consist of the
payments above referred to, together with any money or se-
curities acquired by gift from the United States of America,
or otherwise, and interest earned through the use of money
belonging to the Fund, all of which is hereinafter referred to
as the "Fund". The Fund shall be disbursed by the Treasurer
only for the purposes stated in this Act, and shall not at any
time be appropriated or diverted to any other use or pur-
pose. On and after January 1, 1946, the obligation of the
bond of the Treasurer shall contain a provision securing the
protection of the Fund. The Treasurer shall invest any sur-
plus moneys in the Fund in any securities in which other funds
of the State may be legally invested, and shall sell any of
the securities in which the Fund is invested at any time nec-
essary for the proper administration and protection thereof,
or in its best interests, or for the purpose of making pay-
ments therefrom. Disbursements from the Fund shall be
made by the Treasurer only upon the written order of the
State Industrial Accident Commission. The Treasurer, as
custodian of the Fund, shall furnish annually to the Com-
mission, beginning January 1, 1946, a statement of the Fund
setting forth the balance thereof as of the beginning of the
preceding year, the income therefrom, and the sources thereof,

 

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Session Laws, 1945
Volume 589, Page 702   View pdf image (33K)
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