2006 New York Code - Workers\' Compensation Security Fund Payment Account.



 
    §  89-f. Workers' compensation security fund payment account. 1. There
  is hereby established in the custody of the superintendent of  insurance
  a  special  revenue  fund  to  be  known  as  the "workers' compensation
  security fund payment account".
    2. Such account shall consist of all moneys received by  the  workers'
  compensation  security  fund as payments pursuant to section one hundred
  eight of the workers' compensation law, and all other moneys credited or
  transferred thereto from any other fund or source pursuant to law.
    3. The moneys of  the  workers'  compensation  security  fund  payment
  account  shall  be  made available to the superintendent of insurance to
  pay for the borrowing of any funds pursuant to  section  seven  thousand
  four hundred thirty-three-a of the insurance law and for payments to the
  workers'  compensation  security fund for payment of awards certified by
  the superintendent of insurance. All payments from such account shall be
  made upon the audit and warrant of the comptroller on vouchers certified
  or approved by the superintendent of insurance in the manner  prescribed
  by law.

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