[HISTORY: Adopted by the Mayor and Council of the Borough
of High Bridge as indicated in article histories. Amendments noted
where applicable.]
[Adopted 2-9-2006 as Ch. 97, Art. II, of the 2006 Code of the Borough of
High Bridge]
A.
The Borough of High Bridge hereby agrees to become a member of the
Statewide Workers' Compensation Fund for a period commencing upon:
(1)
The approval of the admission of the Borough of High Bridge by the
Statewide Workers' Compensation Fund Commissioners or Executive Committee,
as appropriate; and
(2)
The approval of the admission of the Borough of High Bridge into
the Statewide Workers' Compensation Fund by the Commissioner of Insurance.
B.
The Borough of High Bridge participation in the Statewide Workers'
Compensation Fund shall be for the purpose of providing primary insurance
coverage for workers' compensation on a self-insured basis, in accordance
with the Statewide Workers' Compensation Fund's risk management and
bylaws.
The bylaws of the Statewide Workers' Compensation Fund are hereby
adopted and approved by the Borough of High Bridge as the same have
been approved by the Department of Insurance.
The Mayor and Clerk of the Borough of High Bridge or such other
appropriate administrative officials are hereby authorized and directed
to execute a written agreement signifying application for a membership
in the Statewide Workers' Compensation Fund and to execute such other
agreements, including but not limited to an indemnity and trust agreement,
in order to implement membership in the Borough of High Bridge in
the Statewide Workers' Compensation Fund.
