PARSAC definition

PARSAC means the Public Agency Risk Sharing Authority of California created by this Agreement.
PARSAC means the Public Agency Risk Sharing Authority of California

Examples of PARSAC in a sentence

  • The Auditor/Controller shall cause an annual financial audit of the accounts and records to be prepared by a Certified Public Accountant in compliance with California Government Code Sections 6505 and 6505.5 or 6505.6 with respect to all receipts, disbursements, other transactions and entries into the books of PARSAC.

  • The officers of PARSAC shall be the President, Vice President, Treasurer, and Auditor/Controller, and their qualifications and duties shall be those set forth in the Bylaws.

  • The debts, liabilities or obligations of PARSAC shall not constitute debts, liabilities or obligations of any party to this Agreement.

  • The Board shall cause a biannual claims audit of the administration of the claims for each of the Programs of PARSAC.

  • PARSAC shall be responsible for the strict accountability of all funds and the reporting of all receipts and disbursements in accordance with generally accepted accounting principles.

  • The withdrawing member’s equity will remain with PARSAC until all years in which the member has participated are closed.

  • The Board shall cause an annual actuarial review to be prepared for each of the Programs of PARSAC and a report of such actuarial review shall be made available for inspection by the Board and the Member Entities.

  • Notices to Member Entities under this Agreement or the Bylaws shall be sufficient if mailed to their respective addresses on file with PARSAC.

  • Regardless of its three-year commitment under the Liability and/or Workers’ Compensation Program, a Member Entity may be expelled from PARSAC or a Program either with or without cause.

  • The Executive Committee shall set policy for and direct the administration of PARSAC on a day-to- day basis and may, without limitation, provide incentives and impose penalties, financial or otherwise, for performing or failing to perform in conformance with PARSAC requirements, programs, standards and policies.

Related to PARSAC

  • SADC means the Southern African Development Community;

  • snippet means, collectively, each Consent and Agreement (US Airways, Inc. Trust No. N U_), dated as of the date of the Lease, executed by the Seller and the Manufacturer, respectively, as the same may be amended, modified or supplemented from time to time in accordance with the applicable provisions thereof.","hash":"d155fbf9a7f948f421360c188b5b3587","id":2},{"snippetLinks":[{"key":"certain-consent","type":"clause","offset":[11,26]},{"key":"nw","type":"definition","offset":[42,44]},{"key":"dated-as- of","type":"definition","offset":[54,65]},{"key":"december","type":"clause","offset":[66,74]},{"key":"executed-by","type":"clause","offset":[85,96]},{"key":"the-manufacturer","type":"definition","offset":[97,113]},{"key":"amended","type":"clause","offset":[134,141]},{"key":"modified","type":"clause","offset":[143,151]},{"key":"in-accordance- with","type":"clause","offset":[186,204]},{"key":"applicable-provisions","type":"clause","offset":[209,230]}],"samples":[{"uri":"/contracts/hmzg0iJKiFR#consent-and-agreement","label":"Trust Agreement (Northwest Airlines Corp)","score":9},{"uri":"/contracts/g9sGFKXirLB#consent-and-agreement","label":"Participation Agreement (Northwest Airlines Corp)","score":9}],"size":12,"snippet":"means that certain Consent and Agreement [NW 1997 H], dated as of December 29, 1997, executed by the Manufacturer, as the same may be amended, modified or supplemented from time to time in accordance with the applicable provisions thereof.","hash":"5a25786411ca31882b07ab36f0dbc68c","id":3},

  • Lazard means Lazard & Co., Limited;

  • hostel means a place of residence for the students of the University, or its colleges, institutions and study centers, established or recognized to be as such by the University;

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Constellation has the meaning assigned to that term in the Recitals.

  • Non-Executive Director Means any director who is not an Executive Director.

  • POPI means the Protection of Personal Information Act 4 of 2013;

  • Executive Director means the executive director of the

  • the Caxton Foundation means the charitable trust of that name established on 28th March 2011 out of funds provided by the Secretary of State for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with its provisions;

  • Insight as used in this clause, means technical visibility into the Program, maintained through audit, surveillance, assessment of trends and metrics, software independent verification and validation, the flight readiness review process, and review or independent assessment of out-of-family anomalies occurring in any phase of the program.