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 thecollection 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]