§ 321. Reinsurance. Funds credited to the special fund for the purposes of this article may be used to effect insurance or reinsurance with the war damage corporation or with any other authority or instrumentality, public or private, or otherwise to distribute the liability for compensation payable to civil defense volunteers.

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Terms Used In N.Y. Workers' Compensation Law 321

  • Civil defense volunteers: shall include those members of the civil defense forces under the provisions of the state defense emergency act who are volunteer persons serving without compensation in the personnel of volunteer agencies. See N.Y. Workers' Compensation Law 302
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
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