2005 Idaho Code - 41-4115 — PROHIBITED PECUNIARY INTERESTS IN PLAN MANAGEMENT

                                  TITLE  41
                                  INSURANCE
                                  CHAPTER 41
              JOINT PUBLIC AGENCY SELF-FUNDED HEALTH CARE PLANS
    41-4115.  PROHIBITED PECUNIARY INTERESTS IN PLAN MANAGEMENT. No board
member, administrator or other person having responsibility for the management
of a joint public agency self-funded plan or the investment or other handling
of plan funds shall:
    (1)  Receive directly or indirectly or be pecuniarily interested in any
fee, commission, compensation, or emolument, other than salary or other
compensation regularly fixed and allowed for services regularly rendered to
the plan, arising out of any transaction to which the trust fund is or is to
be a party;
    (2)  Receive compensation as a consultant to the plan while also acting as
a board member or administrator, or as an employee of either; or
    (3)  Have any direct or indirect material pecuniary interest in any loan
or investment of the trust fund.