The regents may insure against public liability or property damage and against loss by fire or other hazards. The regents may provide in an indenture for the carrying of such insurance, or any other insurance, in such amount and of such character as it shall determine, and for the payment of the premiums on such insurance.
Cal. Educ. Code § 92447
Powers of Regents
Applied in 1 court decision — leading case 804 F. Supp. 614 - Ciba-Geigy Corp. v. Alza Corp. (1992)
Most recently applied in 804 F. Supp. 614 - Ciba-Geigy Corp. v. Alza Corp. (October 1992)
Enacted by Stats. 1976, Ch. 1010.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.