38-11-206. Limitations on fund balance.
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Effective 5/8/2018
38-11-206. Limitations on fund balance.
By October 1 of each year, the division shall provide a written report to the Legislature and the Business and Labor Interim Committee that describes:
(1)the amount of money in the fund, including the encumbered fund balance;
(2)an estimate of when the fund will have insufficient money to continue to pay claims under this chapter; and
(3)a recommendation to the Legislature of whether the substantive provisions of this chapter should be repealed due to insufficient money in the fund.
Repealed and Re-enacted by Chapter 229 , 2018 General Session