Current with legislation from 2024 Fiscal and Special Sessions.
Section 19-5-805 - Workers' Compensation Revolving Fund(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the "Workers' Compensation Revolving Fund".(b) The Workers' Compensation Revolving Fund shall consist of employer workers' compensation benefits contributions made under § 19-5-806 and temporary loans from the Budget Stabilization Trust Fund received under § 19-5-808.(c) These funds shall be used to pay workers' compensation benefits awarded to state employees by the Workers' Compensation Commission and for such other purposes as may be authorized by law.Acts 1973, No. 750, § 8; 1977, No. 924, § 3; 1979, No. 1013, § 7; A.S.A. 1947, §§ 13-531, 13-1407.3.