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California Code, Government Code - GOV § 26310

Current as of January 01, 2023 | Updated by FindLaw Staff

The board may insure against any accident to or destruction of any project or any part thereof. Any money collected on such insurance shall be used for the purpose of repairing or rebuilding the project damaged, injured or destroyed or for the retirement of any revenue bonds issued in connection therewith which may be outstanding or unredeemed, as may be agreed upon by the board in the indenture authorizing the issuance of the bonds.

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Cite this article: FindLaw.com - California Code, Government Code - GOV § 26310 - last updated January 01, 2023 | https://codes.findlaw.com/ca/government-code/gov-sect-26310/

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