WVC 23 - 1 - 1 G
§23-1-1g. Legislative intent to create a quasi-public entity.
In recognition of the impact a state's workers' compensation
premium levels may have on the state's ability to conduct economic
development and the resulting need to operate the state's Workers'
Compensation system in such a manner that will enable the lowest
premiums to be charged employers while at the same time ensuring
adequate benefit levels are provided to injured workers, it is the
intent of the Legislature that the Workers' Compensation Commission
remain a commission of the state as provided in article two,
chapter five-f of this code until the company created in article
two-c of this chapter is created and operational and the New Fund
created in article two-c of this chapter has been funded. Until
the termination of the commission and in order for the commission
to be able to capture the efficiencies associated with private
sector operations, the Workers' Compensation Commission is exempt
from the provisions of the following effective upon the date upon
which this enactment is made effective by the Legislature:
(a) Article three, chapter five-a, related to the Department
of Administration Purchasing Division; and
(b) Section eleven, article three, chapter twelve, relating to
appropriations, expenditures and deductions.