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Ch. 576
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1838
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LAWS OF MARYLAND
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shall pay to the Uninsured Employers' Fund an amount equal to 1
percent of all awards rendered against the employer for permanent
disability or death, including awards for disfigurement or
mutilation, and 1 percent of all amounts payable by the employer
(or his insurance carrier or the State Accident Fund) pursuant to
settlement agreements approved by the Commission. [The payments
shall apply only to awards made and settlement agreements
approved on or after July 1, 1981.] The payments shall be in
addition to any payment of compensation to employees or to their
dependents pursuant to the provisions of this article.
(4) (i) When the AMOUNT OF THE Fund equals or exceeds
$500,000, further contribution may not be acquired from
employers, insurance carriers, or the State Accident Fund. The
[Commission] DIRECTOR thereupon shall so notify each self-insured
employer, each insurance carrier, and the State Accident Fund.
(ii) When the amount of the Fund is reduced
below $250,000 because of payments made pursuant to § 90 of this
article or otherwise, or when the [Commission] DIRECTOR
determines that payments likely to be made from the Fund in the
next succeeding 3 months will cause the Fund to be reduced below
$250,000 the [Commission] DIRECTOR shall notify each self-insured
employer, each insurance carrier, and the State Accident Fund
that the contributions are to be resumed as of a specified date
and to continue until the AMOUNT OF THE Fund again totals
$500,000.
[(c)] (E) If the employer shall fail to pay these
assessments into the Fund within [ten] 10 days after THE date of
mailing of notice thereof to him, such default shall constitute a
default in payment of compensation due pursuant to the provisions
of § 19 of this article and judgment therefor shall be entered in
accordance therewith, all other provisions of said section to be
deemed applicable with respect thereto, except to the extent that
said provisions may be clearly inconsistent with the provisions
of this section. All sums collected from an uninsured employer
with respect to any claim for compensation referred to in this
section but not payable from the Fund, except fines collected
from such employer pursuant to § 19 of this article, whether such
collection is made prior or subsequent to entry of judgment
against such employer, shall be deemed in payment of and
applicable first in satisfaction of any compensation and benefits
due from such employer with respect to such claim and security
demand, if any, in connection therewith and only when such
obligations are satisfied in full shall the balance of said sums
collected, if any, be deemed payment in satisfaction and
applicable to the assessments above prescribed in this section.
[(d)] (F) All sums recovered from uninsured employers on
judgments entered for failure to pay assessments as hereinbefore
provided and for failure to pay compensation and benefits which
were paid from the Fund [herein created,] shall upon such
recovery be paid into said Fund.
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