19-18-203 . Use of disability and pension fund. The fund may not be used for any purpose other than investment, as provided in part 4 of this chapter, and the payment of the following: (1) a service pension to a member who, by reason of service, has become entitled to a service pension; (2) a pension to a member who has become permanently maimed or disabled; (3) a benefit or allowance to a member who has suffered a permanent disabling injury; (4) a benefit or allowance to a member who has contracted a permanent disabling sickness; (5) a benefit, not exceeding $750, to defray the funeral expenses of a member; (6) benefits to the surviving spouse, child, or children of a deceased member as provided in this chapter; (7) premiums on a blanket policy of insurance covering the members of the fire department and providing for payment of compensation in case of the death of or injury to any such member; (8) the return of employee contributions as provided in this chapter.
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