§1733. Capitalization of self-insurance fund
The self-insurance fund is capitalized by legislative appropriations, payments from state departments and agencies, investment income accruing to the self-insurance fund and by such other means as the Legislature approves.
[PL 1993, c. 470, §5 (AMD).]
Payments to the self-insurance fund from its participants must be calculated on a pro rata basis as determined by the State Controller and based on the prior claims experience of the departments or agencies.
[PL 2017, c. 284, Pt. O, §6 (AMD).]
SECTION HISTORY
PL 1971, c. 239, §2 (NEW). PL 1983, c. 349, §15 (AMD). PL 1989, c. 857, §22 (AMD). PL 1993, c. 470, §5 (AMD). PL 2017, c. 284, Pt. O, §6 (AMD).