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NY S03611
Bill
Status
10/25/2023
Primary Sponsor
Timothy Kennedy
Click for details
AI Summary
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Amends General Municipal Law Section 6-n to add the Cleveland Hill union free school district to the list of school districts authorized to establish insurance reserve funds.
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Allows the Cleveland Hill union free school district to make expenditures from an insurance reserve fund for losses, claims, actions, or judgments related to risks covered under paragraph three of Section 1113(a) of the Insurance Law.
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Establishes compliance requirements with General Municipal Law Section 6-n and Article 74 of the Education Law for the operation and use of the insurance reserve fund.
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Takes effect immediately upon enactment.
Legislative Description
Permits the Cleveland Hill union free school district to establish an insurance reserve fund.
Last Action
SIGNED CHAP.589
10/25/2023