Common use of FUNCTIONS OF THE AUTHORITY Clause in Contracts

FUNCTIONS OF THE AUTHORITY. A. The Authority is established for the purposes of administering this Agreement, pursuant to the provisions of the California Government Code, and of providing the services and other items necessary and appropriate for the establishment, operation and maintenance of a Joint Program for Workers’ Compensation coverage for the public educational agencies who are Members thereof, and to provide a forum for discussion, study, development and implementation of recommendations of mutual interest regarding such program. B. The functions of the Authority are: (1) To provide each member a Joint Program and system, for Workers’ Compensation coverage for Workers’ Compensation claims against the Members of the Authority in accordance with the Authority’s Memorandum of Coverage and as such, to perform, or contract for the performance of, the financial administration, policy formulation, claim service, legal representation, safety engineering, and other services as necessary for the payment and handling of all Workers’ Compensation claims against Members. (2) To pursue the Member’s right of Subrogation against a third party when in the discretion of the Authority the same is appropriate. Any and all proceeds resulting from the assertion of such Subrogation rights shall accrue to the benefit of the Authority.