ARTICLE 7. Insurance and Indemnity Bonds [11850. - 11855.]

Article 7 added by Stats. 1943, Ch. 370.

§§ 11850–11855 · 6 sections

• § 11850 When any of the works authorized by this part are being constructed by the department, the department may carry or cause to be carried such an amount of…
• § 11851 The department may carry insurance to cover any accident or destruction in part or in whole to any works until all bonds and interest thereon have been fully…
• § 11852 All money collected on any indemnity bond or insurance policy as the result of any damage or injury to any works shall be used for the purpose of repairing or…
• § 11853 The department may carry insurance or indemnity bonds insuring against the loss of revenues to be derived from the project by reason of any interruption in the…
• § 11854 Insurance or indemnity bonds against loss of revenues may be in an amount equal to the probable revenues to be received from the use and operation of the…
• § 11855 The department may provide in the proceedings authorizing the issuance of bonds for the carrying of insurance as authorized by this part, and the purchase and…