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Section 41-4107 - TRUST FUND — POWERS.

ID Code § 41-4107 (2019) (N/A)
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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.]

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