§435E-11 - Trust agreement, required.
PART II. TRUST AGREEMENTS
§435E-11 Trust agreement, required. (a) Each participating member shall enter into and, concurrently therewith, receive an executed copy of a trust agreement, which shall govern the collection and disposition of all funds of the interindemnity arrangement.
(b) The trust agreement shall, as a minimum, provide for meeting all requirements of this part. [L 1977, c 182, pt of §1]