Alabama § 11-91A-6 Property Rights and Contractual Obligations of Board; Costs of Software and Property; Assignment of Contracts

Alabama Statutes

§ 11-91A-6 — Property Rights and Contractual Obligations of Board; Costs of Software and Property; Assignment of Contracts

Alabama·Title 11 Counties and Municipal Corporations·Ch. 91A Local Government Health Insurance Program

(a)Except as otherwise provided in this chapter, the SEIB shall provide for the administration of the program as provided in Chapter 29 of Title 36, until the transfer of the governance and administration of the program takes place as provided herein. Effective at 12:01 a.m. on January 1, 2015, all property rights and contractual obligations of the SEIB related to the administration and governance of the program shall be transferred to the board. The SEIB and its employees shall fully cooperate with the board in the transfer of the governance and administration of the program both prior to and after January 1, 2015, including, but not limited to, providing the board with all the software necessary to properly administer the program beginning on January 1, 2015. Additionally, in order to a

Free access — add to your briefcase to read the full text and ask questions with AI

(a) Except as otherwise provided in this chapter, the SEIB shall provide for the administration of the program as provided in Chapter 29 of Title 36, until the transfer of the governance and administration of the program takes place as provided herein. Effective at 12:01 a.m. on January 1, 2015, all property rights and contractual obligations of the SEIB related to the administration and governance of the program shall be transferred to the board. The SEIB and its employees shall fully cooperate with the board in the transfer of the governance and administration of the program both prior to and after January 1, 2015, including, but not limited to, providing the board with all the software necessary to properly administer the program beginning on January 1, 2015. Additionally, in order to affect an orderly transfer, the administrator of the SEIB shall serve as the chief executive officer of the board for a period of not less than 18 months beginning on January 1, 2015, and may thereafter be retained as chief executive officer as provided in subsection (h) of Section 11-91A-7.
(b) The board shall compensate the SEIB for the cost of any software or other property transferred from the SEIB based upon the fair market value of such software or other property at the time of transfer determined by mutual agreement.
(c) Any contracts executed between the SEIB and a contractor may be assigned to the board upon mutual consent of all parties.

Alabama § 11-91A-6 (Property Rights and Contractual Obligations of Board; Costs of Software and Property; Assignment of Contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.