PART IV. PREMIUM SUPPLEMENTATION

 

393-41 Establishment of premium supplementation trust fund. There is established in the treasury of the State, separate and apart from all public moneys or funds of the State, a trust fund for premium supplementation which shall be administered exclusively for the purposes of this chapter. All premium supplementations payable under this part shall be paid from the fund. The fund shall consist of:

(1) All money appropriated by the State for the purposes of premium supplementation under this part; and

(2) All fines and penalties collected pursuant to this chapter. [L 1974, c 210, pt of 1; am L 2013, c 100, 7]

 

Revision Note

 

In the last sentence, (1) and (2) reformatted as paragraphs (1) and (2), and in paragraph (1), punctuation added pursuant to 23G-15.

 

 

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