§ 40-92. Settling Disputes.  


Latest version.
  • The Trustees may in their sole discretion compromise or settle any claim or controversy in such manner as they think best, and any majority decision made by the Trustees in compromise or settlement of a claim or controversy, or any compromise or settlement entered into by the Trustees, shall be conclusive and binding on all parties involved in this Trust, provided that all such settlements are in accordance with the Pension Plan and applicable state law.

(Ord. No. 90-33, Ch. I, § 6.2, 5-21-91)