(b) It is hereby found and declared that any appropriation made as
provided for in paragraph (a) of this subdivision shall be deemed an
asset of the fund, and that any transfer of moneys from such fund to the
general fund in accordance with the provisions of chapter fifty-five of
the laws of nineteen hundred eighty-two is deemed a proper and prudent
legal undertaking for any state officer with the responsibility for the
custody or the investment of the assets of the fund, notwithstanding any
other provision of law to the contrary.
Structure New York Laws
Article 6-A - Workers' Compensation Security Fund
106 - Consolidation of Funds; Definitions.
107 - Workers' Compensation Security Fund.
108 - Payments Into Fund; Returns; Recoupment.
109 - Suspension of Payments Into Fund; Temporary Surcharge Authorized.
109-A - Administration of Fund.
109-B - Custody and Investment of Fund.
109-D - Notification of Insolvency.
109-E - Rights and Duties of Superintendent of Financial Services as Administrator of the Fund.