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Subdivision 1.Establishment.

To facilitate the discharge by the state of its obligations under this chapter, there is established a revolving fund to be known as the state compensation revolving fund.

This fund is comprised of the unexpended balance in the fund on July 1, 1935, and the sums which the several departments of the state pay to the fund.

Subd. 2.Commissioner of finance as custodian.

The commissioner of finance is custodian of this fund.

Subd. 3. Compensation payments upon warrants.

The commissioner of finance shall make compensation payments from the fund only as authorized by this chapter upon warrants of the commissioner of administration.

Official Publication of the State of Minnesota
Revisor of Statutes