Purpose of article

It is the purpose of this article through the establishment of a guaranty trust fund to provide for the continuation of workers’ compensation benefits due and unpaid, excluding penalties, fines, and attorneys’ fees assessed against a participant, when such participant becomes an insolvent self-insurer. (Code 1981, § 34-9-380, enacted by Ga. L. 1990, p. 770, § 1; Ga. L. 2010, p. 126, § 4/HB 1101; Ga. L. 2016, p. 287, § 6/HB 818.) The 2016 amendment, effective July 1, 2016, substituted ‘‘such participant becomes an insolvent self-insurer’’ for ‘‘a self-insured employer becomes insolvent’’ at the end of this Code section.