2009 New Jersey Code
TITLE 34 - LABOR AND WORKMEN'S COMPENSATION
34:15
34:15-117 - Insolvency of carrier; notice to Division of Workers' Compensation; report of conditions

34:15-117  Insolvency of carrier; notice to Division of Workers' Compensation; report of conditions.

34:15-117.  Forthwith upon any carrier becoming insolvent, the Commissioner of Banking and Insurance shall so notify the Division of Workers' Compensation, and the division shall immediately advise the commissioner:  (a) of all claims for compensation pending or thereafter made against an employer insured by such insolvent carrier, or against such insolvent carrier; (b) of all unpaid or continuing agreements, awards or decisions made upon claims prior to or after the date of such notice from such commissioner; and (c) of all appeals from or applications for modifications or recision or review of such agreements, awards or decisions.

Amended 2004, c.179, s.9.
 

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