§ 89-f. Workers' compensation security fund payment account. 1. There
is hereby established in the custody of the superintendent of financial
services a special revenue fund to be known as the "workers'
compensation security fund payment account".

2. Such account shall consist of all moneys received by the workers'
compensation security fund as payments pursuant to section one hundred
eight of the workers' compensation law, and all other moneys credited or
transferred thereto from any other fund or source pursuant to law.

3. The moneys of the workers' compensation security fund payment
account shall be made available to the superintendent of financial
services to pay for the borrowing of any funds pursuant to section seven
thousand four hundred thirty-three-a of the insurance law and for
payments to the workers' compensation security fund for payment of
awards certified by the superintendent of financial services. All
payments from such account shall be made upon the audit and warrant of
the comptroller on vouchers certified or approved by the superintendent
of financial services in the manner prescribed by law.