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Session Laws, 1985
Volume 760, Page 1059   View pdf image
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HARRY HUGHES, Governor                                      1059

9-101. DEFINITIONS.

(A)  IN GENERAL.

IN THIS TITLE THE FOLLOWING WORDS HAVE THE MEANINGS
INDICATED.

REVISOR'S NOTE: This subsection is new language used as the
standard introductory language to a definition
section.

(B)  FUND.

"FUND" MEANS THE STATE INSURANCE TRUST FUND.

REVISOR'S NOTE: This subsection is new language added to
avoid repetition of the full title "State Insurance
Trust Fund".

(C)  PROGRAM.

"PROGRAM" MEANS THE STATE INSURANCE PROGRAM.

REVISOR'S NOTE: This subsection is new language added to
avoid repetition of the full title "State Insurance
Program".

9-102. FINDINGS; STATEMENT OF PURPOSE.

(A)  FINDINGS.

THE GENERAL ASSEMBLY FINDS THAT IT IS DESIRABLE FOR THE
STATE TO HAVE A PROGRAM OF PURCHASED INSURANCE AND SELF-INSURANCE
AGAINST LOSS, DAMAGE, AND LIABILITY THAT THE STATE MAY INCUR.

(B)  STATEMENT OF PURPOSE.

THE GENERAL ASSEMBLY INTENDS THAT THE STATE:

(1)  INSURE AGAINST LOSS, DAMAGE, AND LIABILITY AS
FULLY AS PERMITTED BY LAW OR AGREEMENT; AND

(2)  HAVE A PROGRAM FOR CENTRAL ADMINISTRATION OF
PURCHASED INSURANCE AND SELF-INSURANCE.

REVISOR'S NOTE: This section is new language derived
without substantive change from former Art. 95, § 25.

In subsection (b)(2) of this section, the former
reference to "management" is deleted as unnecessary in
light of the word "administration".

9-103. PROGRAM AND FUND ESTABLISHED.

(A) PROGRAM.

 

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Session Laws, 1985
Volume 760, Page 1059   View pdf image
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