Section 40A:10-12 - Payment of workers' compensationA local unit may provide for the payment of workers' compensation under the provisions of chapter 15 of Title 34 of the Revised Statutes (Labor and Workmen's Compensation, R.S. 34:15-1, et seq.) by:
a. The creation of a workers' compensation fund as hereinafter provided; orb. The placing of workers' compensation insurance with any insurance company authorized to do business in New Jersey; orc. Paying workers' compensation in the same manner as provided by law.L.1979, c.230, s.1, eff. 10/15/1979.