political subdivisions. 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. Renumbered and Amended by Chapter 382, 2008 General Session
‹ Prev All Utah sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.