§ 19-5-940 - Workers' Compensation Revolving Fund.

19-5-940. Workers' Compensation Revolving Fund.

(a) There is established on the books of the Treasurer of State, the Auditor of State, and the Chief Fiscal Officer of the State a fund to be known as the Workers' Compensation Revolving Fund.

(b) This fund shall consist of employer workers' compensation benefits contributions made under 19-5-806 and temporary loans from the Budget Stabilization Trust Fund received under 19-5-808.

(c) These funds shall be used to pay workers' compensation benefits awarded to state employees by the Workers' Compensation Commission and for such other purposes as may be authorized by law.