Utah Statutes
§ 63G-7-703 — Reserve funds for payment of claims or purchase of insurance created by political subdivisions.
Utah·Title 63G General Government·Ch. 63G-7 Governmental Immunity Act of Utah·Part 63G-7-7 Payment Process and Sources for Paying Proved Claims Against Governmental Entities
Any political subdivision may create and maintain a reserve fund or, may jointly with one or more other political subdivisions, make contributions to a joint reserve fund, for the purpose of:
(1)making payment of claims against the cooperating subdivisions when they become payable under this chapter; or
(2)for the purpose of purchasing liability insurance to protect the cooperating subdivisions from any or all risks created by this chapter.
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Utah § 63G-7-703 (Reserve funds for payment of claims or purchase of insurance created by political subdivisions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 382, 2008 General Session
Nearby Sections
15
§ 63G-1-1001
Living historic landmarks.§ 63G-1-1002
Living historic landmarks designated.§ 63G-1-101
Title.§ 63G-1-1101
State holy days.§ 63G-1-201
Official state language.§ 63G-1-401
Commemorative periods.§ 63G-1-601
State symbols.§ 63G-1-701
Title.§ 63G-1-702
Definitions.§ 63G-1-703
Display of POW/MIA flag.§ 63G-1-901
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