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ND HB1326
Bill
Status
Passed
3/15/2011
Primary Sponsor
David Rust
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AI Summary
- Changes the appraisal requirement from once during the 2009-10 school year to at least once every six years, with school districts working with their commercial property insurance carrier
- School districts must ensure all buildings, facilities, and their contents are properly identified, inventoried, and accurately valued
- Districts that completed appraisal requirements between July 1, 2006 and June 30, 2011 begin their six-year requirement from the completion date; all others must complete requirements by the 2011-12 school year
- School districts must annually review insurance policies to ensure sufficient coverage for full repair or replacement of buildings, facilities, and contents in case of loss
- Superintendent of public instruction must annually verify each school district's compliance with these insurance maintenance requirements
Legislative Description
The maintenance of insurance by school districts.
Last Action
Filed with Secretary Of State 03/14
4/14/2011
Committee Referrals
Industry, Business, and Labor1/17/2011
Full Bill Text
No bill text available