TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 27. INDEPENDENT LIABILITY FUND

Part 1. General Provisions

Right To Establish Independent Liability Fund

33-27-111. Right to establish independent liability fund. A small business operating in the state may establish an independent liability fund to provide for defense, settlement, or payment of any liability claims against it by a third party.

History: En. Sec. 4, Ch. 564, L. 1987.