New York § 324 Distribution of unexpended assets of the special fund

New York Statutes

§ 324 — Distribution of unexpended assets of the special fund

New York § 324

Law WKCWorkers' Compensation

Art. 10Workmen's Compensation Act For Civil Defense Volunteers

This text of New York § 324 (Distribution of unexpended assets of the special fund) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.Y. Workers' Compensation § 324 (2026).

Text

  § 324. Distribution of unexpended assets of the special fund.  Within\nfive years after the period of emergency as defined in the state defense\nemergency act shall have expired, the chairman shall determine the\namount of outstanding liabilities of the special fund and shall\nestablish reasonable reserves to pay to claimants cash benefits, medical\ncare and funeral expenses, and to meet the cost of administering unpaid\nclaims and the expenses of liquidating the fund in a sum allocated for\nthat purpose by the director of the budget, and the same shall become a\ncharge against the fund. Any balance in the fund after establishment of\nsuch reserves shall be forthwith paid to the comptroller for the general\nfund.\n

Free access — add to your briefcase to read the full text and ask questions with AI

§ 324. Distribution of unexpended assets of the special fund. Within\nfive years after the period of emergency as defined in the state defense\nemergency act shall have expired, the chairman shall determine the\namount of outstanding liabilities of the special fund and shall\nestablish reasonable reserves to pay to claimants cash benefits, medical\ncare and funeral expenses, and to meet the cost of administering unpaid\nclaims and the expenses of liquidating the fund in a sum allocated for\nthat purpose by the director of the budget, and the same shall become a\ncharge against the fund. Any balance in the fund after establishment of\nsuch reserves shall be forthwith paid to the comptroller for the general\nfund.\n