Common use of Applicable Policy Clause in Contracts

Applicable Policy. The laws governing the Community Third Party Pooled Trust and Joinder Agreement are interpreted by various public benefit programs in their administrative manuals. For example, the SSA interprets the laws through its POMS and each state’s Medicaid program interprets the laws through its Medicaid manual. To the extent any administrative agency finds the terms of the Community Third Party Pooled Trust or this Joinder Agreement to be out of compliance with applicable law or its administrative policy, TRUSTEE is authorized to modify the trust documents to comply with agency policy; however, TRUSTEE is also authorized, in its sole discretion, to challenge the agency’s determination through an administrative appeal process and/or have the trust documents reviewed by a court for guidance.

Appears in 1 contract

Samples: Joinder Agreement

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