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New Jersey Statutes, Title: App.A, EMERGENCY AND TEMPORARY ACTS

    Chapter 9: Removal of member of local defense council

      Section: App.A:9-57.18: Reserves

           Within five years after the direction by the Legislature by joint resolution to such effect, the Claim Committee shall determine the amount of outstanding liabilities of the special fund and shall establish reasonable reserves to pay to claimants weekly benefits for total disability, expenses of medical and hospital care and death benefits, and to meet the cost of administering any unpaid claims and the same shall become a charge against the fund. Any balance in the fund after the establishment of such reserves shall lapse into the State treasury.

L.1952, c. 12, p. 60, s. 18.

This section added to the Rutgers Database: 2012-09-26 13:37:57.

Older versions of app.a:9-57.18 (if available):

Court decisions that cite this statute: CLICK HERE.