MARVIN MANDEL, Governor                             1765

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 Treasurer shall advise the Commission at least
quarterly, and oftener if requested, as to the amount of
the fund in his hands.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect July 1, 1974.

Approved April 30, 1974.

CHAPTER 488
(House Bill 995)
AN ACT concerning
Workmen's Compensation — Employers — Security Deposits

FOR the purpose of changing the time limitation on
certain conditions to be met by employers that
entitle them to the return of certain deposited
securities.

BY repealing and re-enacting, with amendments.

Article 101 — Workmen's Compensation

Section 16

Annotated Code of Maryland

(1964 Replacement Volume and 1973 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That Section 16 of Article 101 - Workmen's
Compensation, of the Annotated Code of Maryland (1964
Replacement Volume and 1973 Supplement) be and it is
hereby repealed and re—enacted, with amendments, to read
as follows:

Article 101 — Workmen's Compensation
16.

The employer shall secure compensation to his
employees in one of the following ways: