40-2125. Same; loans to finance plan commencement, repayment.
40-2125
40-2125. Same; loans to finance plan commencement, repayment.Upon request of the commissioner to provide for amounts that mayberequired to assist in financing the commencement of operations of the plan, thepooled money investment board shall loan to the uninsurable health insuranceplan fund not to exceed $500,000 on July 15, 1992, July 15, 1993, July 15,1994,and July 15, 1995. The total of the amounts so loaned shall be repaid from theuninsurable health insurance plan fund over the period of 10 fiscal years afterfiscal year 1994 in accordance with appropriation acts. Amounts loaned underthis section shall not bear interest.
History: L. 1992, ch. 209, § 9; July 1.