Common use of Rate Stabilization Fund Clause in Contracts

Rate Stabilization Fund. The Rate Stabilization Reserves Fund maintained under the control of the Governing Board of the City of Detroit Employee Benefits Plan established pursuant to Title 9, Chapter VIII of the Charter of the City of Detroit for the exclusive purpose of providing hospital, surgical, and death benefits for current or former employees of the City.

Appears in 3 contracts

Sources: Trust Agreement, Trust Agreement, Trust Agreement