New Jersey Statutes 34:15-120.15. Definitions
Terms Used In New Jersey Statutes 34:15-120.15
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Dependent: A person dependent for support upon another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
“Association” means the New Jersey Self-Insurers Guaranty Association created in subsection a. of section 2 of this act.
“Board of directors” or “board” means the board of directors of the association established under section 3 of this act.
“Commissioner” means the Commissioner of Insurance.
“Department” means the Department of Insurance.
“Fund” means the Insolvency Fund created pursuant to section 5 of this act.
“Injured worker” or “employee” means an employee of an employer or a dependent of the employee to whom the employer is obligated to pay compensation pursuant to chapter 15 of Title 34 of the Revised Statutes.
“Insolvent member” means a member employer: (1) (a) which files for relief in bankruptcy under Title 11 of the United States Code, 11 U.S.C. § 101 et seq.; (b) against which involuntary bankruptcy proceedings are filed under that title; or (c) for which a receiver has been appointed by a court of competent jurisdiction; and (2) which is determined to be insolvent by the board as provided in its plan of operation, based upon the member employer’s ability to pay compensation pursuant to R.S.34:15-77.
“Member employer” or “member” means a self-insurer which is a member of the association.
“Self-insurer” means an employer, other than a governmental entity, which self-insures for the purposes of workers’ compensation as permitted by R.S.34:15-77.
L.1993,c.107,s.1.