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credited to the amount of the earned assessment due at <br />the end ofthe MLC period. At 'rIle close ofrc::tch pe rlod <br />(or part thef'eof termi nating with the end of the ML C <br />period designated in the declarations 8S tile audit period , <br />the earned assC!lsment sball be computed for such per iod <br />an d upon l10Lice he reof to the me mber co ullly shall <br />bec6nw due and payable. I f rbe lotnl earned assessment <br />for the MLC period is less than the assessment <br />previously paid, the Pool shall return to the member <br />county the unearned portion paid by the member <br />county. <br />The me mber county shall maintain records of such <br />infor matio n as is necessary for ass e ssm e n t <br />computation, and shall send copies of such records to the <br />Pool at the end of the MLC period and at such times <br />duri ng the MLC period as the Pool may direct. <br />O. ASSi gnment: No protected party shall assign any <br />righ t claim or interest it may have und er thi s MLC. No <br />creditor, assignee or third-party beneficiary of any <br />protected party shall have any right, claim or title to <br />any part, share, interest, fund, assessment or asset ofthe <br />Pool. If, however, a protected party shall die, such <br />liability coverage as is afforded by this MLC shall apply <br />(1) to the protected party's legal representative, as the <br />protected party, but only while acting within the <br />scope of his duties as such, and (2) with respect to the <br />property of the protected party, to the person having <br />proper temporary custody thereof, as the protected <br />party, but only until the appointment and qualification <br />of the legal representative. <br />P. Financial Responsibility Laws: When this MLC <br />is certified as proof of financial responsibility for the <br />future under the provisions of any motor vehicle <br />financial responsibility law, such liability coverage as is <br />afforded by this MLC for bodily injury liability or for <br />property damage liability shall comply with the <br />provisions of such law to the extent of the coverage and <br />limits of liability required by such law. A protected <br />party shall reimburse the Pool for any payment made by <br />the Pool which it would not have been obligated to make <br />under the terms of this MLC except for the agreement <br />contained in this paragraph. <br />Q. Applicable Law: This MLC shall be governed by <br />and construed in accordance with the laws of the State <br />of Washington. <br />R. Member County Decision Making Authority: <br />The member county's legislative authority, or in the <br />case of a charter county having an executive officer, its <br />county executive, shall be the final authority and <br />representative ofthe member county. <br />S. Settlement Authority: Ultimate settlement <br />authority for any claim or lawsuit lies with the Pool's <br />Executive Committee; however, the Pool's Executive <br />Director may authorize a settlement amount that does <br />not exceed a member county's deductible by more than <br />$50,000. Settlement amounts exceeding a member <br />county's deductible by more than $50,000 must be <br />authorized by a two-thirds majority of the Executive <br />Committee. Polling for this purpose may be made by <br />email or telephone authorization and shall be <br />confirme d at the next meeting of the Executive <br />omminee. <br />MEMORANDUM OF LIABILITY COVERAGE 10101/2016-1010 I 120 17 <br />For the WASHINGTON COUNTIES RISK POOL JOINT SELF-INSURANCE LIABILITY PROGRAM -11