SB 160 — Session Law

… fications at the same time, the time will only be counted once. § 6702B. Benefits. A policy shall be purchased by the Insurance Coverage Office on behalf of those who are eligible under § 6703B of this title for the following benefits: (a) Lump sum cash benefi …

… Source of funding and administration of such policy. (a) Administration of this policy and funding will be through the Insurance Coverage Office. A separate budget line will be established in which the funds will be transferred from the State Treasurer to the In …

… ce. A separate budget line will be established in which the funds will be transferred from the State Treasurer to the Insurance Coverage Office, pursuant to § 705(f) of this title, who will be responsible for paying the premium for the policy. In any policy ye …

… e insufficient to fund the premium for the policy, the Fund as defined in §6501 will make up the short fall. (b) The Insurance Coverage Office will submit a copy of a quarterly stewardship report to the State Fire Commission and the Department of Insurance for …

… ypes of coverage stated in subsection (a) of this section, and the State Treasurer shall pay such amount to the State Insurance Coverage Office for purposes of funding the premium payment required to be paid by the Insurance Coverage Office under § 6707B of thi …

… amount to the State Insurance Coverage Office for purposes of funding the premium payment required to be paid by the Insurance Coverage Office under § 6707B of this title. Payments to the Insurance Coverage Office under this section shall be paid out of fees …

… he premium payment required to be paid by the Insurance Coverage Office under § 6707B of this title. Payments to the Insurance Coverage Office under this section shall be paid out of fees and taxes deposited with the State Treasurer by the Insurance Commission …