Montana § 20-6-608 Authority And Duty Of Trustees To Insure District Property

Montana Statutes

§ 20-6-608 — Authority And Duty Of Trustees To Insure District Property

Montana·Title 20 EDUCATION·Ch. 6 SCHOOL DISTRICTS·Part 6 School Property

20-6-608 . Authority and duty of trustees to insure district property.

(1)The trustees of a district shall insure all real and personal property of the district. The trustees shall include the cost of insurance in the general fund budget of the district.

(2)Proceeds received from an insurance settlement on real or personal property insured by the district may, at the discretion of the trustees, be deposited in a fund considered appropriate by the trustees.

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20-6-608 . Authority and duty of trustees to insure district property. (1) The trustees of a district shall insure all real and personal property of the district. The trustees shall include the cost of insurance in the general fund budget of the district.
(2) Proceeds received from an insurance settlement on real or personal property insured by the district may, at the discretion of the trustees, be deposited in a fund considered appropriate by the trustees.

Montana § 20-6-608 (Authority And Duty Of Trustees To Insure District Property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.