New York Workers' Compensation Law Article 6 - State Insurance Fund.

• 76 - Creation of State Fund.
  1. There is hereby continued in the department of labor a fund known as "the state insurance fund", for the purpose of insuring employers against...
• 77 - Administration.
  The state insurance fund shall be administered by the commissioners of the state insurance fund, of whom there shall be ten. The commissioner of labor...
• 78 - Salaries and Expenses.
  The commissioners shall not receive a salary or other compensation, but shall receive their actual and necessary traveling and other expenses incurred in connection with...
• 79 - Meetings.
  The commissioners shall meet at least once in each month, except the month of August, and at such other times as they may determine or...
• 80 - Seal.
  The commissioners shall adopt a seal and shall require it to be used for the authentication of records and documents as may be necessary and
• 81 - Offices, Lands, Leaseholds and Buildings.
  The commissioners, any law to the contrary notwithstanding, (a) may lease, sub-lease, rent or otherwise hire, on behalf of and in the sole name of...
• 82 - Powers and Duties.
  1. The commissioners shall appoint an executive director, a general attorney, a secretary for terms of nine years each. Vacancies in such positions shall be...
• 83 - Rules.
  The commissioner shall adopt rules for the conduct of the business of the state fund, and may from time to time alter, amend or repeal...
• 84 - General Attorney.
  There shall be a general attorney of the state fund. He shall have such legal and other assistants as may be required, within the limits...
• 85 - Commissioner of Taxation and Finance Custodian of Fund.
  The commissioner of taxation and finance shall be the custodian of the state insurance fund; and all disbursements therefrom shall be paid by him upon...
• 86 - Catastrophe Surplus and Reserves for Workers' Compensation.
  Ten per centum of the premiums collected from employers insured in the fund for workers' compensation shall be set aside for the creation of a...
• 86-a - Catastrophe Surplus and Reserves for Disability Benefits.
  Subject to such rules as shall be approved by the superintendent of financial services, there shall be set aside out of the premiums paid into...
• 87 - Investment of Surplus or Reserve.
  1. Any of the reserve funds belonging to the state insurance fund, by order of the commissioners, approved by the superintendent of financial services, may...
• 87-a - Investment in Obligations of the Municipal Assistance Corporation for the City of New York; Indemnification.
  1. The state insurance fund, and all state officers with responsibility for the custody or investment thereof, are authorized and directed to take any and...
• 87-b - Investments in Obligations of the City of Yonkers; Indemnification.
  1. The state insurance fund, and all state officers with responsibility for the custody or investment thereof, are authorized and directed to take any and...
• 87-Bb - Investments in Obligations of the City of Yonkers; Indemnification (1984).
  1. The state insurance fund, and all state officers with responsibility for the custody or investment of such fund or of its assets, are authorized...
• 87-c - Investments in Obligations of Designated Public Benefit Corporations; Indemnifications.
  1. The state insurance fund, and all state officers with responsibility for the custody or investment of such fund or of its assets, are authorized...
• 87-d - Contractual Obligations As Evidence of Indebtedness Upon Reimbursement of Reserves.
  1. a. Notwithstanding any other provision of law the contrary, the state insurance fund, hereafter referred to as the fund, and all state officers with...
• 87-e - Amortization of Gains or Losses.
  Gains or losses realized by the state insurance fund as a result of sales or dispositions pursuant to the authorization and direction of section eighty-seven-a,...
• 87-f - Appropriations to the State Insurance Fund.
  1. Notwithstanding any other provision of law, the state insurance fund, hereinafter referred to as the fund, and all state officers with responsibility for the...
• 87-g - Advances to the Urban Development Corporation.
  1. The state insurance fund, and all state officers with responsibility for the custody or investment of such fund or of its assets, are authorized...
• 87-h - Investments of the State Insurance Fund.
  1. The state insurance fund, and all state officers with responsibility for the custody or investment of such fund or of its assets, are authorized...
• 87-i - New York State Insurance Fund Mwbe Asset Management and Financial Institution Strategy.
  1. Within the discretion of the commissioners of the state insurance fund and in accordance with and subject to their fiduciary duty and obligations as...
• 88 - Administration Expenses.
  * The entire expense of administering the state insurance fund shall be paid out of such fund. The portion of such expenses applicable and chargeable...
• 88*2 - Administration Expenses.
  * 88. Administration expenses. The entire expense of administering the state insurance fund shall be paid out of such fund which shall not be considered...
• 88-a - Payments From Special or Administrative Funds.
  Whenever the compensation of any employees of the state insured in the state insurance fund is paid from a special or administrative fund provided for...
• 88-b - Coverage of Employees in State-Supported Educational Institutions.
  Compensations payable under this chapter to employees of state colleges, schools and experiment stations, administered by Cornell university, Syracuse university and Alfred university shall be...
• 88-c - Coverage of State Employees.
  Notwithstanding any other provisions of law to the contrary and except as set forth in section two hundred and twelve-a of this chapter, the liability...
• 89 - Rates for Workers' Compensation.
  1. Employments and employees in the state fund shall be divided into such groups and classes as shall be equitable based upon differences of industry...
• 90 - Dividends.
  Policyholders insured in the state insurance fund may be divided into such groups as shall be equitable for the purpose of accounting and declaration of...
• 91 - Groups for Accident Prevention.
  For any group established under the provisions of section ninety membership in the group of any employer otherwise entitled to be admitted thereto may be...
• 92 - Payment of Premiums.
  1. Workers' compensation insurance premiums for any policy period shall be paid into the state insurance fund at the beginning of the period when the...
• 93 - Collection of Premium in Case of Default.
  a. If a policyholder shall default in any payment required to be made by him to the state insurance fund after due notice, his insurance...
• 94 - Withdrawal From Fund.
  a. Any employer may, upon complying with subdivision two or three of section fifty of this chapter, withdraw from the fund by turning in his...
• 95 - Record and Audit of Payrolls.
  (1) Every employer who is insured in the state insurance fund shall keep a true and accurate record of the number of his employees and...
• 96 - Penalties for Fraudulent Practices.
  1. Any person who knowingly makes a false statement or representation, conceals any material fact, or engages in any other fraudulent scheme or device for...
• 97 - Inspections.
  The commissioners shall have the right to inspect the plants and establishments of employers insured in the state insurance fund; and the inspectors designated by...
• 98 - Disclosures Prohibited.
  Information as required by the state fund, or its officers or employees, from employers or employees pursuant to this chapter shall not be opened to...
• 99 - Reports of State Insurance Fund.
  1. The commissioners shall make separate reports to the superintendent of financial services concerning the state insurance fund at the same time and in the...
• 100 - Insurance Against Liability to Volunteer Firefighters and Ambulance Workers.
  Insurance contracts issued by the state insurance fund to insure political subdivisions against liability in relation to volunteer firefighters or volunteer ambulance workers under the...

Last modified: February 3, 2019