New Jersey Statutes
§ 40A:10-36.2. Establishment of joint insurance revolving fund, use of appropriated moneys
New Jersey § 40A:10-36.2. Establishment of joint insurance revolving fund, use of appropriated moneys
JurisdictionNew Jersey
Title 40AMUNICIPALITIES AND COUNTIES
This text of New Jersey § 40A:10-36.2. Establishment of joint insurance revolving fund, use of appropriated moneys is published on Counsel Stack Legal Research, covering New Jersey primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.J. Stat. Ann. § 40A:10-36.2. Establishment of joint insurance revolving fund, use of appropriated moneys (2026).
Text
12.The governing body of any local unit that has established a joint insurance fund may by resolution or ordinance, as appropriate, establish a joint insurance revolving fund into which may be deposited any refunds paid to the local unit by the joint insurance fund to be dedicated for the payment of liabilities to the fund in future years. In no event shall amounts deposited in a joint insurance revolving fund exceed the annual amount contributed by the local unit to the joint insurance fund during the prior year. Moneys appropriated from the joint insurance revolving fund shall be used by the local unit to cover losses attributable to claims being paid by the joint insurance fund in future years which exceed contributions paid into the joint insurance fund by the local unit. L.1996,c.113
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Nearby Sections
15
§ 40A:10-1
Power to insure§ 40A:10-10
Powers and authority of the commissioners§ 40A:10-12
Payment of workers' compensation§ 40A:10-12.1. "Local unit" for purposes of Article 4, chapter 10 of Title 40A
§ 40A:10-12.1. "Local unit" for purposes of Article 4, chapter 10 of Title 40A§ 40A:10-13
Workers' compensation insurance fund§ 40A:10-14
Annual appropriation to fund§ 40A:10-15
Discontinuance of fund§ 40A:10-16
Definitions.§ 40A:10-18
Exclusions from coverageCite This Page — Counsel Stack
Bluebook (online)
New Jersey § 40A:10-36.2. Establishment of joint insurance revolving fund, use of appropriated moneys, Counsel Stack Legal Research, https://law.counselstack.com/statute/nj/40A/40A%3A10-36.2.%20Establishment%20of%20joint%20insurance%20revolving%20fund%2C%20use%20of%20appropriated%20moneys.