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Alaska Statutes.
Title 21. Insurance
Chapter 76. Joint Insurance Arrangements
Section 60. Delegation of Power to Settle Claims.
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AS 21.76.060. Delegation of Power to Settle Claims.

A cooperative agreement may delegate to the board of directors, or authorize delegation by the board to another person or group, the power to compromise, arbitrate, or otherwise settle claims on behalf of the arrangement.

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Last modified 9/3/2005