The workers' compensation security fund created pursuant to R.S. 34:15-105, along with all its functions, powers and duties and all its assets, liabilities and balances, is hereby transferred to the New Jersey Property-Liability Insurance Guaranty Association, established pursuant to P.L. 1974, c.17 (C.17:30A-1 et seq.).
N.J.S. § 34:15-105.1