WILLIAM DONALD SCHAEFER, Governor

Ch. 584

opportunity for injuries to the workmen. The classification so
determined and the rates of premium established shall be
applicable for such year unless a reclassification should, in the
opinion of the commissioners, necessitate a change of rate within
such year; and based on each one hundred dollars of the gross
annual payroll of each employer in any class; provided, also that
for the purpose of this subtitle, the pay of the employee partly
within and partly without the State shall be deemed to be such
proposition of the total pay of such employee as his service
within the State bears to his service outside the State. The
commissioners shall have the power to apply that form of rating
system in the establishment of premiums which, in their judgment,
is best calculated to merit or individually rate the risk most
equitably, predicated upon the basis of their individual
industrial accident experience, and to encourage and stimulate
accident prevention; and shall develop fixed and equitable rules
controlling such merit or individual rates. The commissioners
shall also have power to establish and fix minimum premiums to be
paid by any employer insured on insuring in the State Accident
fund, and to require the payment of the estimated premiums in
advance. The commissioners, in their administration of the State
Accident fund, shall have the power[, with the approval of the
Secretary of Personnel and the Governor,] to declare dividends to
the subscribers or policyholders in the fund, either in the form
of cash refunds on credits, when the financial condition of the
fund is such, in the judgment of the commissioners, as to make
such dividend declaration warranted and advisable.

75.

The commissioners of the estate Accident Fund may establish
and require all employers insured in the State Accident fund to
install and maintain a uniform payroll. The commissioners shall
ascertain and establish the amount to be paid into and out of the
State Accident Fund, issue proper receipts for moneys received,
and certificates for benefits accrued and accruing from the State
Accident Fund. [All of the aforementioned powers shall be
exercised subject to the approval of the Secretary of Personnel.]

76.

(a) Every employer subject to the operation and effect of
this article, who shall insure in the State Accident Fund, shall
every four months, or at such other intervals at the
commissioners of the State Accident Fund shall direct, submit a
report of his payroll to the commissioners of the State Accident
Fund, according to the regulations and requirements prescribed by
the commissioners [and approved by the Secretary of Personnel].
The payroll records of all employers insured in the State
Accident Fund shall be open at all times to inspection by the
said commissioners and their authorized employees.

77.

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