§ 31A-33-105. Price of insurance -- Liability of state.  


Latest version.
  • (1) The Workers' Compensation Fund shall provide workers' compensation insurance at an 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