Section 4755 Of Article 5. Subsequent Injuries Payments From California Labor Code >> Division 4. >> Part 2. >> Chapter 2. >> Article 5.
4755
. (a) The State Compensation Insurance Fund may draw from the
State Treasury out of the Subsequent Injuries Benefits Trust Fund for
the purposes specified in Section 4751, without at the time
presenting vouchers and itemized statements, a sum not to exceed in
the aggregate fifty thousand dollars ($50,000), to be used as a cash
revolving fund. The revolving fund shall be deposited in any banks
and under any conditions as the Department of Finance determines. The
Controller shall draw his or her warrants in favor of the State
Compensation Insurance Fund for the amounts so withdrawn and the
Treasurer shall pay these warrants.
(b) Expenditures made from the revolving fund in payments on
claims for any additional compensation and for adjusting services are
exempted from the operation of Section 16003 of the Government Code.
Reimbursement of the revolving fund for these expenditures shall be
made upon presentation to the Controller of an abstract or statement
of the expenditures. The abstract or statement shall be in any form
as the Controller requires.
(c) The director shall assign claims adjustment services and legal
representation services respecting matters concerning subsequent
injuries. The director or his or her representative may make these
service assignments within the department, or he or she may contract
for these services with the State Compensation Insurance Fund, for a
fee in addition to that authorized by Section 4754, except insofar as
these matters might conflict with the interests of the State
Compensation Insurance Fund. The administrative costs associated with
these services shall be reimbursed from the Workers' Compensation
Administration Revolving Fund, except when a budget impasse requires
advances as provided in subdivision (d) of Section 62.5. To the
extent permitted by state law, the director may contract for audits
or reports of services under this section.