Page:United States Statutes at Large Volume 44 Part 2.djvu/1481

 SIXTY-NINTH CONGRESS. Sass. II. Cu. 509. 1927. 1441 to pay any sum, in eircom of such compensation, to the person entitled to compensation or to ghe representative; and (2) he employer s all pay any excess to the person entitled to ,,§,{,°°“ ‘° °°”°“ °‘” comgexiiatign or to the reprgsentative. _ _ ` t eperson entit e to compensation or the re resentative P¤Y¤>•¤¢ by ~¤¤- elects to recover damagesagainst such third person andpnotifies the i°§ii£i5¤l°'°»i»°i°al°a°"i»°$’S} commission of his [election and institutes proceedings within the @2; “”°‘°' °°“" period prescribed in section 13, the employer shall be required to pay 4*% P- lm as compensation under this Act a sum equal to the excess of_ the amount which the commission determines is pa able on account of such injury or death over the amount recovered, against such third person. (g) If a compromise with {such third person, is made b the E¤·¤*¤*¤¤¤=¤¤¤¤=*¤<· person entitled tocozmpepsataon qgksuch, representative of an axiiount `mmikd W"` www thanthe ¤0mP§¤S¤*·10H to _w ich such person or representative would be entitledttq under. this,Act, the employer shall be liable for compensation as determined in subdivision (e) only if such compromise is made ,w1th‘shis_wri,tten approval. _, ,(li) The deputy commissioner may, if the person entitled to mg'}? *¤ °“• °* = compensation under this Act is a minor, make any election required ' under subdivision (a) of this section, or may authorize the parent or guardian of the minor to make such election. OOMPENSATION NOTICE Compmsatlonnotlce. Sno. 34. Eve employer who.,has secured com ensation under 0 *’°°“¤¤ °‘· ‘¤ pim the rovisions di, this Act shall keep posted in a cd)nspicuous_p1ace bi 2ii¤°iii<i;°& zgiiiiifs orpliaces in and about his placeor p aces of business typewmtten °°'“’°'”°°‘°”‘ or printed notices, m. accordance with a form prescribed by the commission, stating that such employer has secured the payment of compensation in accordance with the provisions of this Act. Such notices shall contain the name and a dress of the carrier, if any, with whom the employer has secured payment of compensation and the date of the expiration of the policy. ` soasrirorxorr or yoanninn ron nmrmrnn ,-l§“ri,°$°.i§‘_§°,‘iE'§.§T! °"` Sno. 35. In any case where the employer is not a self—insurer, ,§’y‘f,?,Y“‘g{,‘§‘°Q*'§,‘{}§ in order that the liability for O0Ul¥IlS&Cl0H` imposed by this Act i)¤¤¤¤>=· may be most effectively ischaried y the employer, and in order that the administration of this ct in respect of such liability may be facilitated, the commission shall by regulation provide for the discharge, by the carrier ‘for such emplo er, of such obligations and duties of the employer in respect ofy such liability, imfosed by this Act upon the_ employer as 1t considers proper in or er to e ectuate the provisions o this Act. For such ` purposes (1) my? °*1¤¤‘*¤<“°· notice to or knowledge of an, employer of the occurrence of the ` i1;jury shall be notice to orknowledge of the carrier, (2) jurisdiction o the employer by a deputy commissioner, the commission, or an court under this ct shall be jurisdiction of the carrier, and (3; any requirement bya deputy commissioner, the commission, or` any court under ang compensation order, finding, or decision shall be binding ulpon t e carrier in the same manner and to the same extent as upon t e employer. ‘ S msvnaxca romcms p ¥¤¤¤•¤¤•1>¤¤¤¤· Sno. 36. (fa) Every policy or contract of insurance issued under ,,,{§§{*,,“{§,",Q '°‘°“"‘°' authority 0 this Act shal contain (1) a provision to carry out the rovisions of section 35, and $2) a (provision that insolvency or b¤n.£’uptcy of the employer an /or ischarge therein shall not 43892°-27-—·91