97-142. Disposition of assets upon dissolution.
In the event of dissolution of the Association, all assets remaining after provision for satisfaction of all outstanding claims shall be distributed to the State Treasurer for establishment of a reserve to satisfy potential claims against the Association and, all such claims being satisfied, for inclusion in the general fund of the State. (1985 (Reg. Sess., 1986), c. 1013, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 97 - Workers' Compensation Act
Article 4 - North Carolina Self-Insurance Security Association.
§ 97-132 - Board of directors.
§ 97-133 - Powers and duties of the Association.
§ 97-136 - Powers and duties of the Commissioner.
§ 97-137 - Examination of the Association.
§ 97-140 - Nonduplication of recovery.
§ 97-141 - Stay of proceedings.
§ 97-142 - Disposition of assets upon dissolution.
§ 97-143 - Use of deposits made by insolvent member self-insurers.