31A-33-105 - Price of insurance -- Liability of state.
31A-33-105. Price of insurance -- Liability of state.
(1) The Workers' Compensation Fund shall provide workers' compensation insurance atan actuarially sound price, which the board shall determine.
(2) The state:
(a) is not liable for the expenses, liabilities, or debts of:
(i) the Workers' Compensation Fund;
(ii) a subsidiary of the fund; or
(iii) a joint enterprise in which the fund participates; and
(b) may not use any assets of the Injury Fund for any purpose.
Amended by Chapter 107, 1998 General Session