state insurance fund

state insurance fund
A fund managed and administered by the state for the payment of workmen's compensation awards and the defrayment of the expense of administering the workmen's compensation laws, employers contributing to the fund as assessed, the arrangement taking the place of conventional insurance. 58 Am J1st Workm Comp §§ 552-554. A fund for the insurance of crops. 21 Am J2d Crops § 6.

Ballentine's law dictionary. . 1998.

Look at other dictionaries:

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