31A-33-105 - Price of insurance -- Liability of state.
31A-33-105. Price of insurance -- Liability of state.
(1) The Workers' Compensation Fund shall provide workers' compensation insurance atan actuarially sound price, which the board shall determine.
(2) The state:
(a) is not liable for the expenses, liabilities, or debts of:
(i) the Workers' Compensation Fund;
(ii) a subsidiary of the fund; or
(iii) a joint enterprise in which the fund participates; and
(b) may not use any assets of the Injury Fund for any purpose.
(1) The Workers' Compensation Fund shall provide workers' compensation insurance atan actuarially sound price, which the board shall determine.
(2) The state:
(a) is not liable for the expenses, liabilities, or debts of:
(i) the Workers' Compensation Fund;
(ii) a subsidiary of the fund; or
(iii) a joint enterprise in which the fund participates; and
(b) may not use any assets of the Injury Fund for any purpose.
Amended by Chapter 107, 1998 General Session