515F.35 Status of plan.
132 words·~1 min read·
/ia/chapter-515f-casualty-insurance/515f-35·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
1. The FAIR plan is not and shall not be deemed a department, unit, agency, or instrumentality of the state.
2. All debts, claims, obligations, and liabilities incurred by the FAIR plan shall be the debts, claims, obligations, and liabilities of the FAIR plan only, and are not the debts or pledges of credit of the state, or the state’s agencies, instrumentalities, officers, or employees.
3. The moneys of the FAIR plan are not part of the general fund of the state, and the state shall not budget for or provide general fund appropriations to the plan.
4. The records, reports, and communications of the FAIR plan, the governing committee, the committees of the FAIR plan, and their representatives, producers, and employees are not public records.
2003 Acts, ch 119, §6, 11