272                             LAWS OF MARYLAND                      [CH. 154

of compensation to injured employees or their dependents otherwise
provided in this article.

The Workmen's Compensation 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 herein-
after provided. These payments received by the Treasurer from the
Workmen's Compensation Commission shall constitute a special in-
demnity fund to be known as the "Subsequent Injury Fund." Such
fund shall consist of the payments above referred to, together
with any money or securities 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 section, and shall
not at any time be appropriated or diverted to any other use or
purpose. The obligation of the bond of the Treasurer shall contain
a provision securing the protection of the fund. The Treasurer shall
invest any surplus 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 necessary
for the proper administration and protection thereof, or in its best
interest, or for the purposes of making payments therefrom. Dis-
bursement from the fund shall be made by the Treasurer only upon
the written order of the Workmen's Compensation Commission. The
Treasurer, as custodian of the fund, shall furnish annually to the
Commission 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, the payments from the fund in itemized
form, and the balance on hand as of the preceding December 31.
Such statement shall be published by the Commission and be open
to public inspection in its office at all reasonable times. The Treas-
urer shall advise the Commission at least quarterly, and oftener if
requested, as to the amount of the fund in his hands.

(4) When the fund shall equal or exceed [five hundred thousand
dollars ($500,000.00)] one million dollars ($1,000,000.00), no
further contribution thereto shall be required by employers or in-
surance carriers, or the State Accident Fund, but whenever there-
after the amount of the fund shall be reduced below [two hundred
and fifty thousand dollars ($250,000.00)] five hundred thousand
dollars ($500,000.00), by reason of payments made pursuant to this
section, or otherwise, or whenever the Workmen's Compensation
Commission shall determine that payments likely to be made from
the fund in the next succeeding three (3) months will probably
cause said fund to be reduced below [two hundred and fifty thou-
sand dollars ($250,000.00)] five hundred thousand dollars ($500,-
000.00), the said Commission shall notify all employers, their in-
surance carriers, and the State Accident Fund that such contri-
butions are forthwith to be resumed as of the date set in such
notice, and such contributions shall thereafter continue as above
provided in all cases above specified after the effective date of said
notice, and such contributions shall thereafter continue until the
fund shall again amount to [five hundred thousand dollars ($500,-
000.00)] one million dollars ($1,000,000.00).

All funds in the Second Injury Fund as it existed on June 1,
1963, shall thereafter be transferred to the Subsequent Injury Fund