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Washington Administrative Code (Last Updated: November 23, 2016) |
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Title 200. Enterprise Services, Department of |
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Chapter 200-120. Affordable housing entity joint self-insurance property and liability program requirements. |
Section 200-120-130. Standards for management and operation—Adoption of program.
Latest version.
- The ownership agreement of a joint self-insurance program shall be adopted by resolution or ordinance by the governing body of each owner, unless the owner acquires an ownership interest in the joint self-insurance program by reason of its membership or ownership in another joint self-insurance program authorized by chapter 48.62 RCW or chapter 48.64 RCW without making a financial contribution. Any such resolution or ordinance shall include, but not be limited to, an acknowledgment that the entity shall be subject to contributions as required by the joint self-insurance program. Copies of each such resolution or ordinance shall be retained by the joint self-insurance program and available for inspection by the state risk manager. The ownership agreement, along with a list of the owners of the joint self-insurance program, shall be published on the public web site of each joint self-insurance program.