Louisiana Revised Statutes Tit. 33, § 5082. Authority of the affiliate or subsidiary of local housing authority to form, join, and participate in risk management agency

(1) Pool its general liability risks in whole or in part with those of other affiliates and subsidiaries of local housing authorities.

(2) Pool its workers' compensation risks in whole or in part with those of other affiliates and subsidiaries of local housing authorities.

(3) Pool its directors and officers liability risks, including employment practices liability coverage, in whole or in part with those of other affiliates and subsidiaries of local housing authorities.

(4) Pool its property coverage risks in whole or in part with those of other affiliates and subsidiaries of local housing authorities.

(5) Pool other coverage risks the board of trustees or the risk management organization may determine to be appropriate in whole or in part with those of other affiliates and subsidiaries of local housing authorities.

(6) Purchase insurance for risks of general liability; workers' compensation; directors and officers liability, including employment practices liability; property; or other insurance for such other lines of coverage pooled by the risk management organization with other affiliates and subsidiaries of local housing authorities participating in and belonging to the risk management organization. The pooled risks of the participating affiliates and subsidiaries of local housing authorities shall be described in a plan of coverages with the total premium prorated among the participants.