AI-assisted research summary: Local housing authorities may join together to form an interlocal risk management agency, pool certain risks, and buy insurance through it; agreements must be in writing.
§1353. Authority of local housing authority to form, join, and participate in interlocal risk management agency A. Any two or more local housing authorities may make and execute an intergovernmental agreement between or among themselves to form and become members of an interlocal risk management agency. After an interlocal risk management agency has been formed, any local housing authority may, subject to the bylaws and requirements of such agency, become a member and through participation in the agency may: (1) Pool its general liability risks in whole or in part with those of other local housing authorities. (2) Pool its workers' compensation risks in whole or in part with those of other local housing authorities. (3) Pool its public officials liability risks, including employment practices liability coverage, in whole or in part with those of other local housing authorities. (4) Pool its property coverage risks in whole or in part with those of other local housing authorities. (5) Pool other coverage risks the board of trustees of the interlocal risk management agency may determine to be appropriate in whole or in part with those of other local housing authorities. (6) Purchase insurance for risks of general liability, workers' compensation, public officials liability, including employment practices liability, property or other insurance for such other lines of coverage pooled by the interlocal risk management agency with other local housing authorities participating in and belonging to the interlocal risk management agency. The pooled risks of the participating local housing authorities shall be described in a plan of coverages with the total premium prorated among such participants. B. Local housing authorities concluding an agreement under the provisions hereof may by resolution duly adopted by the governing body thereof designate the Louisiana Housing Council, Inc. to administer the interlocal risk management agency and any group self-insurance fund or funds established by said agency and to administer the terms and conditions of the intergovernmental agreement by which the agency and any self-insurance fund or funds have been established. C. All arrangements and agreements made under the authority of this Section shall be reduced to writing. A local housing authority may become a member of an interlocal risk management agency by the authority of an ordinance adopted by the governing body thereof in the same manner as are other proceedings of such governing body. The interlocal risk management agency will operate under such name and style as shall be provided in the agreement creating same and shall have the power to sue and be sued. D. Repealed by Acts 1999, No. 48, §2, eff. May 28, 1999 Added by Acts 1981, No. 802, §1. Acts 1983, 1st Ex.Sess., No. 1, §6; Acts 1999, No. 48, §§1, 2, eff. May 28, 1999; Acts 2004, No. 700, §1, eff. July 6, 2004; Acts 2015, No. 236, §1, eff. June 29, 2015.