CHAPTER 239

FORMERLY

HOUSE BILL NO. 212

AN ACT TO AMEND CHAPTER 23, TITLE 19 OF THE DELAWARE CODE TO INCREASE THE AMOUNT PAID BY INSURANCE CARRIERS AND EMPLOYERS WHO ARE SELF-INSURERS INTO THE INDUSTRIAL ACCIDENT BOARD SECOND INJURY AND CONTINGENCY FUND.

BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF DELAWARE:

Section 1. Amend §2397, Chapter 23, Title 19 of the Delaware Code, by striking said section and inserting in lieu thereof the following:

"§2397. Limitation of Second Injury and Contingency Fund; cessation and resumption of payments

When the total amount of payments made by insurance carriers and/or employers who are self-insurers into the 'Industrial Accident Board Second Injury and Contingency Fund' equals or exceeds $750,000. no further payments into the Fund shall be required, but whenever, thereafter, the amount of such Fund is reduced below $250,000 by reason of payments out in accordance with §2396 of this Title, then payments to such Fund shall be resumed forthwith and continue until such Fund again amounts to $750.000."

Approved March 27, 1984.