(a) Neither the State nor any policyholder nor any director or employee of the fund shall be liable to make any payments to the fund or pay any expenses of the fund, except as provided under this chapter.
No policyholder shall have any right to the return of any money paid to the fund, except as determined by the directors or by law.
(b) The board may refund premiums to policyholders; provided that such refunds do not jeopardize the fund's actuarial responsibility.