GroundRules
Utah Code § 63G-7-703: Reserve funds for payment of claims or purchase of insurance created by political subdivisions.
Where this section sits in the code
- Title 63G General Government
- Chapter 63G-7 Governmental Immunity Act of Utah
- Part 63G-7-7 Payment Process and Sources for Paying Proved Claims Against Governmental Entities
Any political subdivision may create and maintain a reserve fund or, may jointly with one or more other political subdivisions, make contributions to a joint reserve fund, for the purpose of:
(1) making payment of claims against the cooperating subdivisions when they become payable under this chapter; or
(2) for the purpose of purchasing liability insurance to protect the cooperating subdivisions from any or all risks created by this chapter.
Collected 2026-09-03T11:34:34Z. Source file · JSON