38-797.14. Liquidation of LTD
program
If the legislature determines that the LTD program is no longer to be operated for
the purposes set forth in this article, any monies remaining in the LTD trust after
paying all liabilities of the trust or after making adequate provision for paying those
liabilities revert to the general funds of the employers that were making contributions
to the LTD program at the time the legislature terminates the LTD program. The reverted
monies shall be prorated according to the gross amount of contributions made by the
employers to the LTD program.
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