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14 other than those hereinabove described or referred to 15 in paragraphs "a" through"t""u" hereof, the 16 compensation shall be paid during the number of weeks 17 in relation to five hundred weeks as the disability 18 bears to the body of the injured employee as a whole." 19 2. Page 1, line 19, by striking the words 20 "commissioner of insurance" and inserting the 21 following: "treasurer of state". 22 3. Page 1, line 22, by striking the words 23 "commissioner of insurance" and inserting the 24 following: "treasurer of state". 25 4. Page 1, line 26, by striking the words 26 "commissioner of insurance" and inserting the 27 following: "treasurer of state". 28 5. Page 1, line 28, by striking the words 29 "commissioner of insurance" and inserting the 30 following: "treasurer of state". 31 6. Page 1, by striking line 30 and inserting the 32 following: "employers. 33 1. The surcharge is payable by all self-insured 34 employers making weekly benefit payments and all 35 insurers making weekly benefit payments on behalf of 36 insured employers. The surcharge shall apply to all 37 workers'". 38 7. Page 2, by striking lines 3 and 4 and 39 inserting the following: "transaction under section 40 520.4 or 520.9. The treasurer of state shall base the 41 surcharge for each payor upon the". 42 8. Page 2, by striking line 18 and inserting the 43 following: "fund. However, the treasurer of state 44 shall not annually collect over seven hundred thousand 45 dollars in assessing the surcharge. 46 2. The surcharges collected to this section shall 47 be deposited in the second injury fund, and may be 48 used for the payment of claims or entering into 49 settlements. 50 3. An insurer or self-insurer shall pay a Page 2 1 surcharge imposed by this section no later than thirty 2 days following the assessment. 3 4. a. If an insurer, policyholder, or self- 4 insurer withdraws from doing business in this state 5 before the surcharges authorized by this section 6 become due, or fails or neglects to pay the surcharge 7 imposed, the treasurer of state shall at once proceed 8 to collect the surcharge, and may employ such legal 9 process as may be necessary for that purpose, and when 10 so collected shall deposit the surcharge into the 11 second injury fund. The treasurer may bring the suit 12 in any court of this state having jurisdiction, and 13 reasonable attorney's fees may be taxed as costs in
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© 1996 Cornell College and League of Women Voters of Iowa
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Last update: Mon Mar 25 13:30:03 CST 1996
URL: /DOCS/GA/76GA/Session.2/HJournal/00800/00898.html
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