65-04-04.3. Employer relief for third-party recovery

65-04-04.3. Employer relief for third-party recovery The organization, upon recovery of its subrogation interest after a third-party lawsuit under section 65-01-09, shall give relief to the employer from the date of injury for the amount of the recovery up to the actual amount expended on a claim charged against the employer's account. For purposes of this section, "relief" means the amount of money recovered by the organization in a third-party action will be deducted from the amount charged against the employer's experience rating.