(b) There may not be expended for the purpose of administering the
funds more than the amounts as authorized by the director of the budget.
The superintendent shall serve as administrator of the funds without
additional compensation, but may be allowed and paid from the funds the
expenses incurred in performing his duties in connection with the funds.
The compensation of persons employed by the superintendent, within the
amounts approved by the director of the budget, shall be deemed
administration expense payable from the funds.
Structure New York Laws
Article 76 - Property/casualty Security Funds
7601 - Property/casualty Insurance Security Fund; Public Motor Vehicle Liability Security Fund.
7603 - Property/casualty Insurance Security Fund.
7604 - Public Motor Vehicle Liability Security Fund.
7606 - Determination of Net Value of Funds; Limits.
7607 - Management and Investment of Funds.
7608 - Payments From Funds; Subrogation; Limit on Payments.
7609 - Rights of Funds Against Insolvent Insurers.
7611 - Expense of Administering Funds.