Application of provisions regarding multiple employer trusts--Inclusion of large and small employers

The provisions of this chapter regarding multiple employer trusts do not apply to any single employer self-funded plan as preempted by Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1144 or any arrangement exempted pursuant to § 1-24-17 . An authorized self-funded multiple employer trust may include as participating employers both small employers and large employers. Source: SL 2005, ch 272 , § 8; SL 2019, ch 212 , § 11.