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Agmt96 joint powers agreement
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Agmt96 joint powers agreement
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Last modified
7/5/2005 2:31:36 PM
Creation date
11/4/2004 10:40:54 AM
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Template:
Agreement
Contractor Name
joint powers agreement
PROJECT NAME
Bay Cities Joint Insurance Authority
RMP File Number
304
Date
4/19/1996
Reso Ref
12734
Box
5858
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<br />There shall be two classes of membership defined as follows: <br />A. Class A Member Entities shall be accepted as such by the Board of Directors and <br /> designated as Class A Member Entities on the signature page. <br />B. Class B Member Entities shall be accepted as such by the Board of Directors and <br /> designated as Class B Member Entities on the signature page. <br />Upon a Member Entity organization or re-organization, including dissolution, merger, or <br />consolidation, which results in extinguishment or dissolution of the legal existence of a Member <br />Entity, the rights, obligations, and liabilities of such Member Entity under this Agreement, the <br />Bylaws, or other Governing Documents or Resolutions of the Board shall be the rights, obligations, <br />and liabilities of the successor public entity. <br /> ARTICLE VIII <br /> MEMBER ENTITY RESPONSIBILITIES <br />Each Member Entity, regardless of its class, has the obligations and responsibilities set forth <br />in the Governing Documents as defmed in the Bylaws and any Resolution of the Board of Directors. <br />Such responsibilities and obligations may include, but are not limited to, the following: <br />A. Cooperate with the Authority in determining the cause of losses and in the settlement <br /> of claims; <br />B. Pay all premiums, assessments, penalties, interest, and other charges promptly to the <br /> Authority when due; <br />C. Provide the Authority with statistical and loss experience, data, and other information <br /> as may be necessary; and <br />D. Cooperate with and assist the Authority and any insurer, claims adjuster, or legal <br /> counsel retained by the Authority in matters relating to this Agreement, the Authority <br /> Bylaws, any other Governing Documents, and policies and procedures adopted by <br /> the Board. <br /> POWERS RESERVED UNTO THE MEMBERSHIP <br />The Member Entities retain the following powers: <br />A. The designation of the Board of Directors as specified in ARTICLE IX; and <br />B. Approval of an amendment to this Agreement as specified in ARTICLE XXIV. <br /> -5- <br /> r <br />
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