2000 Minnesota Statutes

     176A.07 Account. 

    Subdivision 1.    State compensation account.  There is 
 created and established under the jurisdiction and control of 
 the fund a revolving account known as the "state compensation 
 account."  

    The manager shall deliver all money collected or received 
 under this chapter to the account.  

    The money in the account may be used by the fund in 
 carrying out its purpose under this chapter.  

    Subd. 2.    Property of fund.  All premiums and other 
 money paid to the fund, all property and securities acquired 
 through the use of money belonging to the fund, and all interest 
 and dividends earned upon money belonging to the fund and 
 deposited or invested by the fund, are the sole property of the 
 fund and shall be used exclusively for the operation and 
 obligations of the fund.  The money of the fund is not state 
 money.  The property of the fund is not state property.  

    Subd. 3.    No state appropriation.  The fund shall not 
 receive any state appropriation at any time other than as 
 provided by Laws 1983, chapter 287, article 2, section 11.  

    HIST: 1983 c 287 art 2 s 7