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HomeEducation CodeDiv. 7Pt. 45Ch. 5Art. 1§ 72507 Community College Insurance Option

§ 72507 Community College Insurance Option

Education Code·California
AI Summary·Official Text·Key Terms·Related Statutes·References
AI SummaryVerified

§ 72507 Community College Insurance Option

Key Takeaways

  • •Community colleges can choose to buy insurance instead of requiring employees to get special bonds.
  • •The insurance must protect the college just as much as the bond would.
  • •This rule is about making sure the college doesn’t lose money if an employee does something wrong.

Example

A community college teacher accidentally causes damage to school property.

Instead of making the teacher pay for a bond, the college can use insurance to cover the cost of the damage.

AI-generated — May contain errors. Not legal advice. Always verify source.

Official Source
View on CA.gov

§ 72507 Community College Insurance Option

Notwithstanding the requirement to provide for indemnity bonds pursuant to Section 85266.5, the governing board of a community college district may, in lieu thereof, insure against all losses caused by an employee or an officer of a community college district if the insurance gives the same or greater protection to the community college district that a bond would provide in indemnifying the community college districts against any loss caused by the employee or officer of the community college district. (Added by Stats. 1994, Ch. 330, Sec. 2. Effective January 1, 1995.)

Last verified: January 23, 2026

Key Terms

insurancecommunityindemnityemployeeprotectionrequirement

Related Statutes

  • § 89525 Employee Leave Reimbursement Credit
  • § 72506 Community College Insurance Requirements
  • § 74265.5 District Formation Asset Transfer
  • § 17566 School District Risk Funds
  • § 17568 School Fire Loss Fund

References

  • Official text at leginfo.legislature.ca.gov
  • California Legislature. Education Code. Section 72507.
View Official Source