Ch. 442                                         LAWS OF MARYLAND

(II) (B) These payments shall be in addition to any
payment of compensation to employees who are injured or sustain
an occupational disease or their dependents otherwise provided in
this article.

(III) (C) The Director of the Subsequent Injury Fund
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 [Workmen's Compensation
Commission] SUBSEQUENT INJURY FUND shall constitute a special
indemnity 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. Disbursement from the
fund, for the purpose of paying benefits to claimants or
dependents, shall be made by the Treasurer only upon written
order of the Workmen's Compensation Commission. Disbursements
from the fund for any other purpose made pursuant to this section
shall be made by the Treasurer only at the direction of the
Director of the Subsequent Injury Fund pursuant to authority from
the Subsequent Injury Fund Board. The Treasurer, as custodian of
the fund, shall furnish annually to the Subsequent Injury Fund
Board 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 Subsequent Injury Fund
Board and be open to public inspection in its office at all
reasonable times. The Treasurer shall advise the Subsequent
Injury Fund Board at least quarterly, and oftener if requested,
as to the amount of the fund in his hands.

[(4) When assets of the Subsequent Injury Fund equal or
exceed one million, dollars ($1,000,000.00), after deduction of
any disbursement necessary to accomplish the purposes of this
section, the Subsequent Injury Fund. Board shall notify the
Workmen's Compensation Commission that no further contribution
thereto shall be required by employers or insurance carriers, or
the State Accident Fund. If, however, the amount of the assets
of the Subsequent Injury Fund shall be subjected to reduction

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