Sentences with phrase «compensation fund portion»

Not exact matches

The charter schools model offers a community a way to create a school that often has lower operating costs than traditional schools — particularly for employee compensation — and greater flexibility in class offerings, all funded with federal start - up money and a large portion of the annual per - pupil payment from the state for public school students.

This means that at the moment in which you receive a settlement or monetary compensation from a negligence case, the old attorney will also receive a portion of these funds.

the compensation fund corporation must pay the person the amount of the compensable loss specified in the certificate, less any portion of that amount that has been previously recovered by the person entitled to it or for which that person has otherwise been previously compensated.

This means that if a brokerage's licence has been suspended and there is a shortfall in the brokerage's trust accounts, any portion of the shortfall intended to be remuneration payable to a licensee at the brokerage will not be covered by the Compensation Fund.