Michigan Compiled Laws
317-1969-5 - Chapter 5 Funds (418.501...418.561)
Section 418.515 - Board of Trustees; Powers and Duties; Funds Administrator; Office Space; Clerical Assistance; Expenses; Legal Advice and Representation.

Sec. 515.
(1) The trustees shall have general authority to carry out the purposes of this chapter, shall make such rules as they consider necessary, shall maintain records and institute systems and procedures or take any other administrative action as they consider necessary to carry out the purposes of this chapter.
(2) The trustees may appoint an administrative officer to be referred to as the funds administrator who shall perform duties as shall be designated or delegated by the trustees.
(3) The worker's compensation agency shall provide the trustees of the funds with suitable office space and clerical assistance. All other expenses authorized by the trustees for the proper administration of the funds, including but not limited to, the salary and expenses of the funds administrator and the investigation, determination and defense of claims against the funds shall be borne ratably by and paid from the assets of the funds. The trustees may secure legal advice and be represented by the attorney general or any assistant designated by the attorney general in any matter involving the affairs of the funds. The self-insurers' security fund and the private employer group self-insurers security fund shall be represented by an assistant attorney general who is not representing the second injury fund or the silicosis and dust disease fund. The cost of such services and expenses in connection therewith shall be borne ratably by and paid from the funds. All expenses so incurred and charged to the funds shall be accounted for on a fiscal year basis.
History: 1969, Act 317, Eff. Dec. 31, 1969 ;-- Am. 1971, Act 149, Imd. Eff. Nov. 16, 1971 ;-- Am. 2014, Act 233, Imd. Eff. June 27, 2014 Popular Name: Act 317

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 418 - Worker's Disability Compensation

Act 317 of 1969 - Worker's Disability Compensation Act of 1969 (418.101 - 418.941)

317-1969-5 - Chapter 5 Funds (418.501...418.561)

Section 418.501 - Self-Insurers' Security Fund and Second Injury Fund; Silicosis, Dust Disease, and Logging Industry Compensation Fund; Uninsured Employer's Security Fund; Private Employer Group Self-Insurers Security Fund; Definitions.

Section 418.501a - Liability of Self-Insurer's Security Fund; Termination on January 1, 2020; Responsibility of Pegsisf on and After January 1, 2020; Assessment.

Section 418.501b - Assessments.

Section 418.502 - “Insolvent Private Self-Insured Employer” Defined.

Section 418.511 - Board of Trustees; Appointment, Term, Expenses.

Section 418.515 - Board of Trustees; Powers and Duties; Funds Administrator; Office Space; Clerical Assistance; Expenses; Legal Advice and Representation.

Section 418.521 - Second Injury Fund; Payments Reimbursable.

Section 418.531 - Disability or Death From Silicosis, Dust Disease, Employment in Logging Industry, or Exposure to Polybrominated Biphenyl; Reimbursement of Carrier; Limitation; Right of Funds to Commence Action and Obtain Recovery.

Section 418.532 - Repealed. 1996, Act 357, Eff. June 1, 2000.

Section 418.535 - Disability Caused by Combination of Causes; Apportionment; Reimbursement of Employer.

Section 418.537 - Payments From Self-Insurers' Security Fund.

Section 418.538 - Claims Authorized Under MCL 418.501a; Payment.

Section 418.541 - Payments From Funds; Notice of Claim for Reimbursement; Agreements; Rights of Fund as Employer or Carrier.

Section 418.545 - Compromising Liability of Silicosis, Dust Disease, and Logging Industry Compensation Fund; Redemption of Liability.

Section 418.551 - Assessments; Notice; Payment; Assessments as Elements of Loss in Establishing Rates; Continuation of Liability; Certification of Receipts; Delinquencies; Disposition of Money; Investments; Disposition of Earnings; Reports and Accoun...

Section 418.552 - Insufficiency of Funds; Borrowing; Repayment; Restriction; Special Assessment.

Section 418.552a - Expired. 1980, Act 357, Eff. Jan. 1, 1986.

Section 418.552b - Silicosis, Dust Disease, and Logging Industry Compensation Fund; Review; Report.

Section 418.553 - Self-Insurers' Security Fund or Private Employer Group Self-Insurers Security Fund; Subrogation.

Section 418.555 - Reimbursement Provisions; Delinquent Carriers.

Section 418.561 - Application for Self-Insurance; Agreement as to Insolvency.