New Jersey Statutes 34:15-120.8. Limitation on liability
Current as of: 2023 | Check for updates
|
Other versions
Terms Used In New Jersey Statutes 34:15-120.8
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- State: extends to and includes any State, territory or possession of the United States, the District of Columbia and the Canal Zone. See New Jersey Statutes 1:1-2
The liability of the “uninsured employer’s fund” and the State with respect to payment of any compensation, benefits, expenses, fees for disbursements properly chargeable against the fund shall be limited to the assets in the fund as exceed $50,000.00, and the fund and the State shall not otherwise in any way or manner be liable for the making of any such payment.
P.L. 1966, c. 126, s. 17; amended 1988,c.25,s.6.