Section 21.55.030. General powers.

Latest version.

The association may
        (1) exercise the powers granted to insurers under the laws of the state;
        (2) sue or be sued;
        (3) enter into contracts with insurers, similar associations in other states, or with other persons for the performance of administrative functions;
        (4) establish administrative and accounting procedures for the operation of the association; and
        (5) receive funds from sources other than members of the association.

Notes

History

(Sec. 2 ch 126 SLA 1992)

                    
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