Statute · New York Workers' Compensation Law

N.Y. Workers' Comp. Law § 86-a — Catastrophe surplus and reserves for disability benefits

N.Y. Workers' Comp. Law § 86-a

Type
Statute
Source
New York Workers' Compensation Law
Jurisdiction
New York
Current through
Nov 4, 2026 (NY Senate Open Legislation)

§ 86-a. Catastrophe surplus and reserves for disability benefits. Subject to such rules as shall be approved by the superintendent of financial services, there shall be set aside out of the premiums paid into the disability benefits fund an amount sufficient to provide against catastrophe and…

Citator

N.Y. Workers' Comp. Law § 86-a — Catastrophe surplus and reserves for disability benefits is in force in the current edition of the Code, and nothing recorded condemns it.

§ 86-a. Catastrophe surplus and reserves for disability benefits. Subject to such rules as shall be approved by the superintendent of financial services, there shall be set aside out of the premiums paid into the disability benefits fund an amount sufficient to provide against catastrophe and epidemics and reserves to meet anticipated losses and carry all claims to maturity.