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t z <br /> N O R T H C A R O L I N A <br /> ASSOCIATION OF COUNTY COMMISSIONERS <br /> INTERLOCAL AGREEMENT <br /> FOR A GROUP SELF-INSURANCE FUND <br /> FOR RISK SHARING OR GROUP PURCHASE OF COVERAGE <br /> This Agreement is made and entered into by and between all the parties who join together to become <br /> Members of the North Carolina Association of County Commissioners Risk Management Agency <br /> (hereinafter referred to as the "Risk Pool"). The Risk Pool acts by and through its Board of Trustees <br /> as provided herein and as provided within the Bylaws of the Risk Pool. The Risk Pool encompasses <br /> the North Carolina Association of County Commissioners Joint Risk Management Agency Workers' <br /> Compensation Fund (hereinafter referred to as the "Workers' Compensation Pool"); the North <br /> Carolina Association of County Commissioners North Carolina Counties Liability And Property Joint <br /> Risk Management Agency (hereinafter referred to as the "Liability and Property Pool"); and the North <br /> Carolina Association of County Commissioners Health Insurance Trust (hereinafter referred to as the <br /> "Group Benefits Pool"; all three are referred to collectively as "Pools"). <br /> ARTICLE I. PURPOSE <br /> 1. To carry out the desire of certain counties and governmental entities of the State of North <br /> Carolina to create and become the Risk Pool, and to enable these counties to pool the retention <br /> of their risks, liabilities or payments, or for the group purchase of coverage, pursuant to the <br /> provisions of North Carolina General Statutes 153A-92(d), 153A-445(a)(1) and 160A-460 <br /> through 160A-466. <br /> 2. To be governed and directed through the efforts of the Risk Pool Board of Trustees, as <br /> described in the Bylaws of the Risk Pool, which are incorporated by reference into this <br /> Agreement. <br /> 3. To provide for the discharge, from the assets of the Risk Pool, from funds collected from <br /> Members, and through excess or other insurance purchased by the Risk Pool, in accordance <br /> with the terms and scope of the contracts of coverage and as determined by the participation of <br /> the individual Members of the Risk Pool, of any: a) insurance premiums; b)covered property <br /> losses incurred; c) lawful liability claims against any member of the Liability and Property Pool in <br /> which awards have been sustained by final judgment or by the rules of the Risk Pool if <br /> settlement is made; d) claims for health benefits covered by the plan for members of the Group <br /> Benefits Pool and e) lawful workers'compensation claims against members of the Workers' <br /> Compensation Pool, when awards have been sustained by final judgment or by the rules of the <br /> Risk Pool if settlement is made. <br /> 4. To provide for payment by Members of the Risk Pool of contributions based upon appropriate <br /> classifications, rates, experience modifications, or other methodologies, out of a portion of which <br /> the Risk Pool will establish and maintain a fund for the payment of covered claims, losses and <br /> the administrative costs of operating the Risk Pool. <br /> Interlocal Agreement Page 1 of 6 <br /> Amended December 2009 <br />