New Jersey § 34:15-105
Full text of New Jersey New Jersey Statutes § 34:15-105, with citation guidance and answers to common questions.
§ 34:15-105.
There is hereby created a fund to be known as “the workers' compensation security
fund,” for the purpose of assuring to persons entitled thereto the compensation provided
by this chapter, R.S.34:15-1 et seq. , or the federal “Longshore and Harbor Workers' Compensation Act,” 44 Stat. 1424 ( 33 U.S.C. s. 901 et seq. ), or both, for employments insured in insolvent carriers and for the purpose of providing
money for first year annual adjustments for benefit payments and supplemental payments
during fiscal years 1984 and 1985 provided for by P.L.1980, c. 83 ( C.34:15-95.4 et al.). Such fund shall be applicable to the payment of valid claims for compensation or
death benefits arising from a standard, primary workers' compensation policy heretofore or hereafter made pursuant to this chapter or the federal “Longshore and
Harbor Workers' Compensation Act,” 44 Stat. 1424 ( 33 U.S.C. s. 901 et seq. ), and remaining unpaid, in whole or in part, by reason of the default, after March
26, 1935, of an insolvent carrier. Expenses of administration also shall be paid from the fund as herein provided. Such fund shall consist of all contributions received and paid into the fund by
carriers, as herein defined, all property and securities acquired by and through the
use of moneys belonging to the fund, and of interest earned upon moneys deposited
or invested as herein provided. The fund shall be administered by the New Jersey Property-Liability Guaranty Association in accordance with the provisions of this chapter. Compensation pursuant to the federal “Longshore and Harbor Workers' Compensation Act,”
44 Stat. 1424 ( 33 U.S.C. s.901 et seq. ), shall be payable under this article only with respect to coverage or risks located
or resident in this State. The insolvency, bankruptcy, or dissolution of the insured shall effect a termination
of compensation provided under this article for claims arising under the federal “Longshore
and Harbor Workers' Compensation Act,” 44 Stat. 1424 ( 33 U.S.C. s.901 et seq. ).
Frequently Asked Questions About New Jersey § 34:15-105
What does New Jersey Statutes § 34:15-105 cover?
Section 34:15-105 is part of the New Jersey Statutes, the codified statutory law of New Jersey. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Jersey § 34:15-105?
A common citation format is "New Jersey Statutes § 34:15-105" (New Jersey). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Jersey law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Jersey official source linked on this page or consult a licensed New Jersey attorney.
How does New Jersey § 34:15-105 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Jersey can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Jersey.