Section 77. Administration  


Latest version.
  • The state insurance fund shall be administered
      by the commissioners of the state insurance fund, of whom there shall be
      ten. The commissioner of labor shall, in addition, be a commissioner  of
      such  fund by virtue of his or her office. The commissioners shall elect
      annually from the appointive members a chair and a vice-chair who  shall
      act  as chair in the absence of the chair. The commissioner of labor may
      designate a deputy commissioner to act in his or her place and stead  as
      a commissioner of such fund. The commissioners shall be appointed by the
      governor,  by  and  with  the  advice  and  consent  of  the senate. One
      commissioner shall be appointed by the governor upon  recommendation  by
      the  New  York State American Federation of Labor-Congress of Industrial
      Organizations, and one commissioner shall be appointed by  the  governor
      upon  recommendation  of  the Business Council of the State of New York.
      They shall be policyholders insured in the  state  insurance  fund.  The
      commissioners  shall  be  appointed  for terms of three years each. They
      shall serve until their successors are  appointed  and  have  qualified.
      Vacancies  shall  be  filled  for the unexpired terms. Each commissioner
      shall before entering upon his or her duties,  take  and  subscribe  the
      constitutional  oath of office which shall be filed in the office of the
      secretary of state.