SB 1726

Abstract

Amends the Intergovernmental Cooperation Act. Provides that any intergovernmental contract for joint self-insurance among public agency members that is executed, amended, or renewed on or after the effective date of the amendatory Act must authorize a public agency member to terminate its participation in the joint insurance pool or intergovernmental cooperative after giving written notice to the joint insurance pool or intergovernmental cooperative (i) at least 90 days before terminating its participation in the joint insurance pool or intergovernmental cooperative or (ii) after some shorter period of time if mutually agreed upon by the parties to the contract.