HARRY HUGHES, Governor

2931

assessment into the Fund in connection with each such claim when
an injury occurred on or after the first day of January, 1968, or
in death cases, where death is the result of an injury occurring
on or after that date. The Director shall also impose an
additional assessment of 15 percent of the awards made in each
such claim, such additional assessment not to exceed $1,500 in
any one claim, and shall direct that such additional assessment
also be paid into the Fund.

(2)  The Director may assess an insurer $150, payable
to the Fund, if the insurer failed to comply with the
Commission's requirements concerning certification of insurance
with the Commission and it finds that the Fund was required to
investigate or to attend a hearing to ascertain the existence of
insurance.

(3)  An employer,, or, if insured, the employer's
insurance carrier or the State Accident Fund, as the case may be,
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 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
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 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
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.

(e) If the employer shall fail to pay these assessments
into the Fund within 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. THE DIRECTOR SHALL NOTIFY THE EMPLOYER THAT THE
EMPLOYER IS IN DEFAULT AND THAT THE EMPLOYER'S LICENSE TO DO
BUSINESS IN THIS STATE MAY BE SUSPENDED. All sums collected from