2005 Minnesota Statutes

     176.591 State compensation revolving fund. 

    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 the Department of Employee Relations.  

    HIST: 1953 c 755 s 76; 1973 c 388 s 145; 1987 c 332 s 108; 
 2003 c 112 art 2 s 50