Alaska Statutes (Last Updated: January 11, 2017) |
Title 21. INSURANCE. |
Chapter 21.76. JOINT INSURANCE ARRANGEMENTS. |
Section 21.76.060. Delegation of power to settle claims.
Latest version.
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A cooperative agreement may delegate to the board of directors, or authorize delegation by the board to another person or group, the power to compromise, arbitrate, or otherwise settle claims on behalf of the arrangement.
Notes
History
(Sec. 1 ch 136 SLA 1986)