§ 51.16.130. Distribution of catastrophe cost
Whenever there shall occur an accident in which three or more employees of an employer insured with the state fund are fatally injured or sustain permanent total disability, the amount of total cost other than medical aid costs arising out of such accident that shall be charged to the account of the employer, shall be twice the average cost of the pension claims arising out of such accident. The entire cost of such accident, exclusive of medical aid costs, shall be charged against and defrayed by the catastrophe injury account.
[1972 ex.s. c 43 § 14; 1961 c 23 § 51.16.130. Prior: 1957 c 70 § 22; prior: 1947 c 247 § 1, part; 1911 c 74 § 4, part; Rem. Supp. 1947 § 7676f, part.]
Sections: Previous 51.16.070 51.16.090 51.16.100 51.16.105 51.16.107 51.16.110 51.16.120 51.16.130 51.16.140 51.16.150 51.16.155 51.16.160 51.16.170 51.16.180 51.16.190 NextLast modified: April 7, 2009