2009 Iowa Code
Title 3 - Public Services and Regulation
Subtitle 2 - Employment Services
CHAPTER 85 - WORKERS' COMPENSATION
85.66 - SECOND INJURY FUND -- CREATION -- CUSTODIAN.

        85.66  SECOND INJURY FUND -- CREATION -- CUSTODIAN.
         1.  The second injury fund is hereby established under the custody
      of the treasurer of state and shall consist of payments to the fund
      as provided by this division and any accumulated interest and
      earnings on moneys in the second injury fund.
         2.  The treasurer of state is charged with the conservation of the
      assets of the second injury fund.  Moneys collected in the second
      injury fund shall be disbursed only for the purposes stated in this
      division, and shall not at any time be appropriated or diverted to
      any other use or purpose.  Except for reimbursements to the attorney
      general provided for in section 85.67, disbursements from the fund
      shall be paid by the treasurer of state only upon the written order
      of the workers' compensation commissioner.  The treasurer of state
      shall invest any surplus moneys of the fund in securities which
      constitute legal investments for state funds under the laws of this
      state, and may sell any of the securities in which the fund is
      invested, if necessary, for the proper administration or in the best
      interests of the fund.
         3.  The treasurer of state shall quarterly prepare a statement of
      the fund, setting forth the balance of moneys in the fund, the income
      of the fund, specifying the source of all income, the payments out of
      the fund, specifying the various items of payments, and setting forth
      the balance of the fund remaining to its credit.  The statement shall
      be open to public inspection in the office of the treasurer of state.
      

         Section History: Early Form

         [C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 85.66; 82
      Acts, ch 1161, § 21] 

         Section History: Recent Form

         83 Acts, ch 105, § 5; 90 Acts, ch 1071, § 1; 98 Acts, ch 1061, §
      11; 98 Acts, ch 1113, § 3, 7; 2004 Acts, ch 1175, §196, 202; 2007
      Acts, ch 215, §84; 2009 Acts, ch 133, §22
         Referred to in § 86.12, 86.13A