Statute · California Education Code
Cal. Educ. Code § 42801.5 — Revolving Cash Fund
Cal. Educ. Code § 42801.5
- Type
- Statute
- Source
- California Education Code
- Jurisdiction
- California
- Date
- 1995-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections 42650 and 42801, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or greater protection…
Citator
Cal. Educ. Code § 42801.5 — Revolving Cash Fund is in force in the current edition of the Code, and nothing recorded condemns it.
Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections 42650 and 42801, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or greater protection to the school district that a bond would provide in indemnifying the school district against any loss caused by the employee or officer of the district.