N.Y. Executive Law § 160-gg: Plan of operation

§ 160-gg. Plan of operation. 1. Within seventy-five days of the

effective date of this article, the fund shall file with the department

its plan of operation, which shall be designed to assure the fair,

reasonable and equitable administration of the fund. The plan of

operation and any subsequent amendments thereto shall become effective

upon being filed with the department.

2. The plan of operation shall constitute the by-laws of the fund and

shall, in addition to the requirements enumerated elsewhere in this

article:

(a) establish procedures for collecting and managing the assets of the

fund;

(b) establish regular places and times for meetings of the fund's

board of directors;

(c) establish the procedure by which the fund shall determine whether

to provide the benefits due pursuant to this article by self-insuring or

by purchasing insurance;

(d) establish accounting and record-keeping procedures for all

financial transactions of the fund, its agents and the board of

directors;

(e) establish a procedure for determining and collecting the

appropriate amount of surcharges and assessments under this article;

(f) set forth the procedures by which the fund may exercise the audit

rights granted to it under this article;

(g) establish procedures to ensure prompt and accurate notification to

the fund by its members of all accidents and injuries to black car

operators, and provide for full reimbursement of the fund by any central

dispatch facility whose failure to provide such notification results in

the imposition of a penalty on the fund by the board; and

(h) contain such additional provisions as the board of the fund may

deem necessary or proper for the execution of the powers and duties of

the fund.