§ 210. Employer contributions. 1. Every covered employer shall, on and
after January first, nineteen hundred fifty, contribute the cost of
providing disability benefits in excess of the contributions collected
from his or her employees, to the extent and in the manner provided in
this article.

2. The special contribution of each covered employer to the
accumulation of funds to provide benefits for disabled unemployed shall
be as provided in subdivision one of section two hundred fourteen of
this article.

3. The contribution of every covered employer to the cost of providing
disability benefits after June thirtieth, nineteen hundred fifty, shall
be the excess of such cost over the amount of the contributions of his
or her employees.

4. No profit shall be derived by any employer or association of
employers or of employees from providing payment of disability and
family leave benefits under this article. All funds representing
contributions of employers and employees, and increments thereon, held
by employers or associations of employers or of employees authorized or
permitted to pay benefits under the provisions of this article, and by
trustees paying benefits under plans or agreements meeting the
requirements of section two hundred eleven of this article, shall be
trust funds and shall be expended only to provide for the payment of
benefits to employees and for the costs of administering this article
and for the support of the fund established under section two hundred
fourteen of this article.