New York Consolidated Laws, Workers' Compensation Law - WKC § 99. Reports of state insurance fund

1. The commissioners shall make separate reports to the superintendent of financial services concerning the state insurance fund at the same time and in the same manner as is required from mutual employer's liability and workers' compensation corporations by section three hundred seven of the insurance law, and the superintendent of financial services may examine into the condition of such state insurance fund at any time, either personally or by any duly authorized examiner appointed by him for the purpose of determining the condition of the investments and the adequacy of the reserves of such fund and such other matters as shall be in the jurisdiction of the superintendent of financial services.

2. The commissioners shall file annually with the state comptroller, on or before June fifteenth, financial statements for the state insurance fund audited by an independent auditor.  Such statements shall be prepared in the same manner as reports filed with the superintendent of financial services under subdivision one of this section.  A copy of the independent auditor's report shall accompany any financial statements submitted pursuant to this subdivision.