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Okla. Stat. tit. 85A, § 85A-28

This is the official text of Okla. Stat. tit. 85A, § 85A-28, part of Oklahoma’s Stat. tit. 85A, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 85A,." Browse the sections below, each linked to its official government source.

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Multiple Injury Trust Fund - Self-insurance Guaranty Fund

Official statutory text

A. There are established within the Office of the State

Treasurer two separate funds:

1. The "Multiple Injury Trust Fund"; and

2. The "Self-insurance Guaranty Fund".

B. Except as provided in Section 97 of this title, no money

shall be appropriated from these funds for any purpose except for

the use and benefit, or at the direction, of the Oklahoma Workers'

Compensation Commission.

C. Except as provided in Section 96 of this title, all funds

established under this section shall be administered, disbursed, and

invested under the direction of the Commission and the State

Treasurer.

D. All incomes derived through investment of the Multiple

Injury Trust Fund shall be credited as investment income to the fund

that participated in the investment.

E. No monies deposited to these funds shall be subject to any

deduction, tax, levy, or any other type of assessment.

F. If the balance in the Multiple Injury Trust Fund becomes

insufficient to fully compensate those employees to whom it is

obligated, payment shall be suspended until such time as the

Multiple Injury Trust Fund is capable of meeting its obligations,

paying all arrearages, and restoring normal benefit payments.

G. On the effective maturity dates of each investment, the

investment shall be transferred to the State Treasurer for deposit

into the Multiple Injury Trust Fund created in this section.

H. Unless provided otherwise in the Administrative Workers'

Compensation Act, all fines and penalties assessed under the

Oklahoma Statutes - Title 85A. Workers' Compensation Page 50

Administrative Workers' Compensation Act shall be deposited into the

Workers' Compensation Commission Revolving Fund. Any monies

remaining in the Workers' Compensation Fund on June 30, 2015, shall

be transferred to the Workers' Compensation Commission Revolving

Fund.

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.