§ 26312 Project Liability Insurance Authority

• •The board can buy insurance to protect against accidents or damage caused by their projects.
• •They can use money from revenue bonds to pay for this insurance.
• •The insurance can cover things like injuries to people or damage to property.

A city builds a new park with a playground. A kid gets hurt on a swing because it was not installed correctly.

The board can use insurance money to help pay for the kid's medical bills or any damage caused by the swing. They can use money from revenue bonds to pay for this insurance.