1. A. All receipts of money, with the exception of investment income, shall be deposited in the State Insurance Fund fund in the State Treasury. The Commissioner, subject to the direction of the Board of Managers, shall have the responsibility for the management of the State Insurance Fund fund, and may transfer monies used for investment purposes from the State Insurance Fund fund in the State Treasury to the custodian bank or trust company of the State Insurance Fund.

2. B.

   1. 1. All benefits payable pursuant to the provisions of the bylaws of the State Insurance Fund, and refunds of premiums and overpayments, shall be paid from the State Insurance Fund upon warrants or vouchers signed by two persons designated by the Commissioner.

   2. 2. Every check, draft, warrant, or other instrument drawn for the payment of temporary total disability benefits by the State Insurance Fund shall contain on its face in a contrasting color of ink the following:

      WARNING: It is a felony to knowingly receive money under false pretenses by accepting temporary total disability benefits while working at the same or a similar job. If you are employed or receiving wages, you should consult the State Insurance Fund or if you are represented by an attorney you should consult your attorney BEFORE presenting this instrument to any other person for payment.

   3. 3. The Commissioner may transfer monies from the custodian bank or trust company of the State Insurance Fund to the State Insurance Fund fund in the State Treasury for the purposes specified in this subsection.

Laws 1933, SB 151, c. 28, p. 61, § 1; Amended by Laws 1937, HB 69, p. 489, § 7, emerg. eff. May 14, 1937; Amended by Laws 1983, HB 1053, c. 235, § 3, emerg. eff. July 1, 1983; Amended by Laws 1989, HB 1505, c. 291, § 7, emerg. eff. July 1, 1989; Amended by Laws 1994, 2nd Extr. Sess., HB 1002, c. 1, § 41, emerg. eff. November 4, 1994.