Special Funds Conservation Committee

The Special Funds Conservation Committee (the "Committee") was organized in New York state in 1938 for the purpose of conserving the assets of the "Special Funds created under subdivision of sections 15 and 25-a of the workers' compensation law of the state of New York. It performed services in connection with Special Funds and cooperates with the chairman and members of the New York workers' compensation board, the superintendent of insurance, and any other public official whose duties are concerned with the operation of the Special Funds. As described in part iii, line 3, the expected date of dissolution is january 2, 2026. Further, the operations of the Committee have been amended such that the Committee will only engage in activities related to the wind-down of the Committee until dissolution.