§ 2-165. Establishment, composition, etc., of fund.  


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  • (a)

    A fund, to be known as the "Workmen's Compensation Fund" is hereby established and shall be used and drawn upon only to pay claims arising from injury or death compensable under the terms of the Virginia Workmen's Compensation Act. The funds on deposit in the "City of Newport News Compensation Fund" as of June 30, 1958, shall be set aside and held in reserve as a part of the fund to be established, and the council shall, in each annual budget and as necessary, make provision for and an appropriation with which to supplement such fund.

    (b)

    Workmen's compensation insurance of the Newport News Waterworks Commission and in force in the City of Warwick on June 30, 1958, shall be cancelled.

    (c)

    The unpaid claims of the City of Newport News Workmen's Compensation Fund, as of June 30, 1958, shall become liabilities of the fund established by this section.

    (Ord. No. 14, § 1; Code 1961, § 2-76; Ord. No. 3064-83)

(Ord. No. 14, § 1; Code 1961, § 2-76; Ord. No. 3064-83)