For the purposes of chapters 42 — 44 of title 28 and chapters 29 — 37 of title 28, and with respect to chapter 31 of title 9, and notwithstanding any inconsistent provisions of these chapters, the authority shall be deemed to be an instrumentality and a political subdivision of the state; provided, however, with respect to chapters 29 — 37 of title 28, the authority shall pay all benefits, required by law, until the authority ceases to exist. Thereafter, the payments shall be the obligation of the state.
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