709 - Insurance Program

709 - Insurance Program

The Board of Directors shall maintain a comprehensive insurance program that will provide adequate coverage against major types of risk, loss, or damage, as well as legal liability and dishonesty.

A private appraisal agency may be retained upon the recommendation of the superintendent of schools for inventory and appraisal value services, to enable the Board of Directors to maintain a comprehensive insurance program.

An itemized statement of the appraised value of all buildings owned by the school corporation shall be maintained and shall be updated at least once every five years.

 

 

Legal Reference:  Iowa  Code Sections 85.2; 279.12; 279.28; 285.5(6);
  
                                   285.10(6); 517A.1; 613A.7.

Cross Reference:  Board Member Insurance
  
                                    Insurance for Certified Personnel
  
                                    Insurance for Non Certified Personnel
  
                                    Student Insurance, General
  
                                    Student Insurance, Athletic
  
                                    Periodic Review of Insurance Program

Adopted:               04/13/1987
Reviewed:             02/22/2021

 

dawn.gibson.cm… Tue, 07/06/2021 - 14:22