34:15-114. Contributions to mutual fund .

For the privilege of carrying on the business of worker's compensation insurance in this state, every mutual carrier shall pay into the mutual fund on the first day of September, one thousand nine hundred and thirty-five, a sum equal to one per cent of its net written premiums, as shown by the return hereinbefore prescribed for the period ending June thirtieth, one thousand nine hundred thirty-five, and thereafter each such mutual carrier, upon filing each semi-annual return, shall pay a sum equal to one per cent of its net written premiums as shown for the period covered by such return.