{"code":"EDC","codeName":"Education Code","section":"42801.5","citation":"Ed. Code, § 42801.5","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"TITLE 2. ELEMENTARY AND SECONDARY EDUCATION [33000. - 65001.]","url":"https://blackletter.si/education-code/title-2"},{"name":"DIVISION 3. LOCAL ADMINISTRATION [35000. - 45500.]","url":"https://blackletter.si/education-code/title-2/division-3"},{"name":"PART 24. SCHOOL FINANCE [41000. - 43052.]","url":"https://blackletter.si/education-code/title-2/division-3/part-24"},{"name":"CHAPTER 10. Revolving Funds, School Districts [42800. - 42850.]","url":"https://blackletter.si/education-code/title-2/division-3/part-24/chapter-10"},{"name":"ARTICLE 1. Revolving Cash Fund [42800. - 42806.]","url":"https://blackletter.si/education-code/title-2/division-3/part-24/chapter-10/article-1"}],"history":"Added by Stats. 1994, Ch. 330, Sec. 1.   Effective January 1, 1995.","effective":"1995-01-01","html":"<p>Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections <a href=\"/edc/42650\">42650</a> and <a href=\"/edc/42801\">42801</a>, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or greater protection to the school district that a bond would provide in indemnifying the school district against any loss caused by the employee or officer of the district.</p>","text":"Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections 42650 and 42801, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or greater protection to the school district that a bond would provide in indemnifying the school district against any loss caused by the employee or officer of the district.","otherVersions":[],"url":"https://blackletter.si/education-code/revolving-cash-fund-42801-5","source":"California Legislative Information bulk export (pubinfo)"}