1. The second injury fund is hereby established under the custody of the treasurer of state and shall consist of payments to the fundas provided by this subchapter and any accumulated interest and earnings on moneys in the second injury fund. 2. The treasurer of state ischarged with the conservation of the assets of the second injury fund. Moneys collected in the second injury fund shall be disbursed only for the purposes stated in this subchapter, and shall not at any time be appropriated or diverted to any other use or purpose. Disbursements from the fund shall only be paid by the treasurer of state for reimbursements pursuant to section 85.67, for payments pursuant to section 85.67A, or upon the written order of the workers’ compensation commissioner. The treasurer of state shall invest any surplus moneys of the fund in securities which constitute legal investments for state funds under the laws of this state, and may sellany of the securities in which the fund isinvested, if necessary, for the proper administration or in the best interests of the fund. 3. The treasurer of state shall quarterly prepare a statement of the fund, setting forth the balance of moneys in the fund, the income of the fund, specifying the source of allincome, the payments out of the fund, specifying the various items of payments, and setting forth the balance of the fund remaining to itscredit. The statement shall be open to public inspection in the office of the treasurer of state. Acts, ch 1175, §196, 202; 2007 Acts, ch 215, §84; 2009 Acts, ch 133, §22; 2014 Acts, ch 1026, §143; 2022 Acts, ch 1128, §8
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