41-4107. TRUST FUND — POWERS. 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.
History:
[41-4107, added 2006, ch. 415, sec. 1, p. 1274.]
Structure Idaho Code
Chapter 41 - JOINT PUBLIC AGENCY SELF-FUNDED HEALTH CARE PLANS
Section 41-4101 - DECLARATION OF PURPOSE.
Section 41-4102 - DEFINITIONS.
Section 41-4103 - REGISTRATION REQUIRED — EXEMPTIONS — NOT SUBJECT TO INSURANCE CODE.
Section 41-4104 - QUALIFICATIONS FOR REGISTRATION.
Section 41-4105 - APPLICATION FOR REGISTRATION.
Section 41-4106 - GRANT OR DENIAL OF APPLICATION.
Section 41-4107 - TRUST FUND — POWERS.
Section 41-4108 - TRUST FUND LIABILITY.
Section 41-4109 - INVESTMENT OF TRUST FUND.
Section 41-4111 - RECORDS AND ACCOUNTS — ANNUAL STATEMENT.
Section 41-4112 - TAXES — EXEMPTION.
Section 41-4113 - EXAMINATION OF BOOKS, RECORDS AND ACCOUNTS.
Section 41-4114 - BOARD OF TRUSTEES — ADMINISTRATORS.
Section 41-4115 - PROHIBITED PECUNIARY INTERESTS IN PLAN MANAGEMENT.
Section 41-4116 - POLITICAL CONTRIBUTIONS PROHIBITED.
Section 41-4117 - RECOVERY OF DEPLETED FUNDS.
Section 41-4118 - TERMINATION OF REGISTRATION.
Section 41-4119 - LIQUIDATION OF TRUST FUND.
Section 41-4121 - OTHER PROVISIONS APPLICABLE.
Section 41-4123 - COVERAGE FROM MOMENT OF BIRTH — COMPLICATIONS OF PREGNANCY.
Section 41-4124 - SERVICES PROVIDED BY GOVERNMENTAL ENTITIES.