2010 New York Code
WKC - Workers' Compensation
Article 6 - (76 - 100) State Insurance Fund.
88*2 - Administration expenses.

* §  88.  Administration expenses. The entire expense of administering
  the state insurance fund shall be paid out of such fund which shall  not
  be  considered  an  agency  or  a  fund of the state for the purposes of
  section four of the state finance law.  The  portion  of  such  expenses
  applicable  and  chargeable  to  the  disability  benefits fund shall be
  determined on an equitable basis with due allowance for the division  of
  overhead  expenses.  There  shall  be  submitted  to the director of the
  budget quarterly financial statements on a calendar year  basis.  In  no
  case  shall  the amount of administrative expenditures so authorized for
  an entire year from the workers' compensation  fund  exceed  twenty-five
  per  centum  of the earned premiums for such insurance for that year. In
  no case shall the amount of administrative expenditures  authorized  for
  the  disability  benefits fund for an entire year exceed twenty-five per
  centum of the premiums earned by that fund for such insurance  for  that
  year.  No payment, expenditure or refund out of the state insurance fund
  shall be subject to pre-audit by the department of audit and control  as
  provided  by  section  one  hundred eleven of the state finance law. All
  appointments to positions in the state  insurance  fund  shall  be  made
  subject to civil service requirements.
    * NB There are 2 § 88