Section 68. Advances to county self-insurance fund  


Latest version.
  • If at any time there are
      insufficient  moneys in the county self-insurance fund, exclusive of the
      reserve, to operate the plan, the county treasurer shall advance to such
      fund such amount from the general  fund  of  the  county,  as  shall  be
      requested  by  the committee or administrator and approved by resolution
      of the board of supervisors. Any such advance shall be repaid as soon as
      moneys are available therefor, but in no event later than the  close  of
      the  calendar year succeeding the calendar year in which the advance was
      made. However, any such advance may be repaid not later than  the  close
      of  the  second calendar year succeeding the calendar year in which such
      advance was made,  when  made  during  such  calendar  year  at  a  time
      subsequent  to  the  preparation  of  the  estimate  by the committee or
      administrator for the succeeding calendar year.