Section 176.591 State Compensation Revolving Fund
176.591 STATE COMPENSATION REVOLVING FUND.
Subdivision 1.Establishment.
To facilitate the discharge by the state of its obligations under this chapter, there is established a revolving fund to be known as the state compensation revolving fund.
This fund is comprised of the unexpended balance in the fund on July 1, 1935, and the sums which the several departments of the state pay to the fund.
Subd. 2.Commissioner of management and budget as custodian.
The commissioner of management and budget is custodian of this fund.
Subd. 3.Compensation payments upon warrants.
The commissioner of management and budget shall make compensation payments from the fund only as authorized by this chapter upon warrants of the commissioner of administration.
History:
1953 c 755 s 76; 1973 c 388 s 145; 1987 c 332 s 108; 2003 c 112 art 2 s 50; 2008 c 204 s 35; 2009 c 101 art 2 s 109