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NY A09795

Bill

Official Source

Status

Introduced

4/8/2022

Primary Sponsor

Christopher Friend

Click for details

Origin

Assembly

2021-2022 General Assembly

AI Summary

  • Amends General Municipal Law Section 6-n to add the Candor central school district to the list of school districts permitted to establish an insurance reserve fund
  • Allows the Candor central school district to make expenditures from the reserve fund for losses, claims, actions, or judgments related to authorized insurance coverage
  • Specifies that the school district may use reserve funds for risks covered under paragraph three of Section 1113(a) of the Insurance Law
  • Takes effect immediately upon enactment

Legislative Description

Relates to permitting the Candor central school district to establish an insurance reserve fund.

Last Action

substituted by s8706

6/3/2022

Committee Referrals

Rules5/17/2022
Ways and Means5/11/2022
Education4/8/2022

Full Bill Text

No bill text available