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This entry was published on 2014-09-22
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SECTION 68
Advances to county self-insurance fund
Workers' Compensation (WKC) CHAPTER 67, ARTICLE 5
§ 68. Advances to county self-insurance fund. If at any time there are
insufficient moneys in the county self-insurance fund, exclusive of the
reserve, to operate the plan, the county treasurer shall advance to such
fund such amount from the general fund of the county, as shall be
requested by the committee or administrator and approved by resolution
of the board of supervisors. Any such advance shall be repaid as soon as
moneys are available therefor, but in no event later than the close of
the calendar year succeeding the calendar year in which the advance was
made. However, any such advance may be repaid not later than the close
of the second calendar year succeeding the calendar year in which such
advance was made, when made during such calendar year at a time
subsequent to the preparation of the estimate by the committee or
administrator for the succeeding calendar year.