Orange County NC Website
Browse       Search
5 <br />SECTION 2 This local government will participate in NCHIP effective July 1, 2018, only <br />if the following conditions are satisfied no later than May 31, 2018: <br />(A) NCHIP is properly formed under the laws of the State of North Carolina and the <br />provisions of the Local Government Risk Pool Act and a board of trustees <br />meeting the requirements of N.C.G.S. § 58 -23 -10 is properly empaneled. <br />(B) The board of trustees of NCHIP adopts bylaws and/or a form of agreement or <br />contract that meets the requirements of N.C.G.S. § 58 -23 -15 and other applicable <br />provisions of the Local Government Risk Pool Act. <br />(C) The NCHIP risk pool includes commitments for participation on July 1, 2018, <br />from local governments that together will consist of no fewer than two thousand <br />five hundred (2,500) lives in the risk pool. <br />The terms and conditions of membership in NCHIP will be such terms and conditions as are <br />imposed by the board of trustees of NCHIP in the acceptance motion, and the contractual <br />obligations under the terms of the contract and by -laws of NCHIP as such document is adopted <br />by the board of trustees of NCHIP and as it may be amended in accordance with its terms. <br />SECTION 3 If, on May 31, 2018, all of the conditions identified herein are satisfied, <br />then, in accordance with N.C.G.S. § 58- 23 -5(e), County Manager of this local government, or <br />such other officer, as shall be authorized, is directed to give notice (or cause notice to be given) <br />to the North Carolina Commissioner of Insurance no later than June 1, 2018, in a form prescribed <br />by the Commissioner that this local government intends to participate in NCHIP as of July 1, <br />2018. <br />SECTION 4 If, on May 31, 2018, all of the conditions identified herein are satisfied, <br />then, the County Manager of this local government, or such other officer, as shall be authorized, <br />2 <br />