§ 7601. Property/casualty insurance security fund; public motor
vehicle liability security fund. (a) The property and liability
insurance security fund is continued and shall hereafter be known as
"the property/casualty insurance security fund".

(b) The public motor vehicle liability security fund is continued.

(c) The property/casualty insurance security fund shall consist of all
payments made to it by insurers and of securities acquired by and
through the use of moneys belonging to it, together with interest and
accretions earned upon such payments or investments earned prior to
January first, nineteen hundred seventy-four.

(d) The public motor vehicle liability security fund shall consist of
all payments made to it by insurers and of securities acquired by and
through the use of moneys belonging to it, together with interest and
accretions earned upon such payments or investments.

(e) Each fund shall be administered separately by the superintendent
in accordance with this article.