43:16A-55 - Purchase by state treasurer of group insurance for death benefits
43:16A-55. Purchase by state treasurer of group insurance for death benefits
The State Treasurer may, in his discretion, determine to purchase group insurance coverage for the death benefit provisions as provided in sections 5, 6, 7(3), 9 and 10(5) of chapter 255 of the laws of 1944 and sections 16 and 17 of chapter 241 of the laws of 1964, or may determine not to purchase any group insurance coverage for the death benefit provisions heretofore mentioned.
L.1964, c. 241, s. 22, eff. Jan. 1, 1965. Amended by L.1967, c. 250, s. 19, eff. Dec. 18, 1967.