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NY S09345
Bill
Status
3/3/2026
Primary Sponsor
Patrick Gallivan
Click for details
AI Summary
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Authorizes the Holland Central School District in New York to establish an insurance reserve fund for losses, claims, actions, or judgments requiring insurance coverage
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Adds Holland Central School District to an existing list of approximately 20 school districts already granted this authority under General Municipal Law section 6-n
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Permits expenditures from the reserve fund for risks authorized under paragraph three of subsection (a) of section 1113 of the Insurance Law
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Requires compliance with both General Municipal Law section 6-n and Article 74 of the Education Law
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Takes effect immediately upon passage
Legislative Description
Authorizes the Holland central school district to establish an insurance reserve fund for any loss, claim, action or judgment for which such school district is authorized or required to purchase or maintain insurance for the kinds of risks for which insurance is authorized.
Last Action
REFERRED TO LOCAL GOVERNMENT
3/3/2026