California · Military and Veterans Code - MVC

MVC §989.7: The department may purchase insurance against any risk, or portion of any risk, otherwise payable out of appropriated moneys in the fund.

What this law says, in plain English

The department is authorized to purchase insurance coverage for risks that would otherwise be paid from appropriated fund moneys.

Read the full statutory text

The department may purchase insurance against any risk, or portion of any risk, otherwise payable out of appropriated moneys in the fund. The department shall make an annual report on or before September 1st of each year to the Legislature regarding any insurance coverage implemented or required by it. The report shall include, but not be limited to, the type of insurance coverage, its cost, the reason for purchasing the insurance, and any changes in existing insurance coverage and the reason for those changes.

Verify at the official source: California legislative text

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