Idaho § 41-4107 TRUST FUND — POWERS

Idaho Statutes

§ 41-4107 — TRUST FUND — POWERS

Idaho·Title 41 INSURANCE·Ch. 41 JOINT PUBLIC AGENCY SELF-FUNDED HEALTH CARE PLANS

In addition to the inherent applicable powers of its public agency members and those of a joint powers entity, the trust fund of a joint public agency self-funded plan shall have power:

(1)To have and use an appropriate descriptive name;

(2)To sue and be sued in its own name;

(3)To contract in its own name. All such contracts in writing shall be signed by the chairman of the board or his or her designee;

(4)To borrow money and give security therefor; and

(5)To engage exclusively in transactions authorized or required by this chapter, or reasonably incidental thereto.

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In addition to the inherent applicable powers of its public agency members and those of a joint powers entity, the trust fund of a joint public agency self-funded plan shall have power:
(1) To have and use an appropriate descriptive name;
(2) To sue and be sued in its own name;
(3) To contract in its own name. All such contracts in writing shall be signed by the chairman of the board or his or her designee;
(4) To borrow money and give security therefor; and
(5) To engage exclusively in transactions authorized or required by this chapter, or reasonably incidental thereto.

Idaho § 41-4107 (TRUST FUND — POWERS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.