Idaho State Statutes - Idaho Attorney Directory

In event
the public employee retirement system board shall determine that there are
risks arising under the terms of this chapter which may be made the subject of
insurance against loss to the public employee retirement account, the board is
hereby authorized, at its discretion, to insure such risks; in event of such
insurance, the premiums therefor shall be paid from the public employee
retirement account as other claims are paid: provided, that such insurance
shall not in any event be insurance of any individual but exclusively
insurance of the public employee retirement account itself against loss.

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