74-4720. Same; buildings authorized to be excluded from coverage. The insurance policy purchased under K.S.A. 74-4718 shall not be required to insure the following:
(a) Buildings upon which there is an existing policy of insurance which is determined by the committee to be adequate, unless the state agency owning or being responsible for a building requests the committee to include any such building or buildings in the coverage of such policy.
(b) Buildings which are currently insured in compliance with a bond covenant, unless the covenant authorizes, or is amended to authorize, such alternative coverage as is provided by the policy purchased under K.S.A. 74-4718.
(c) Buildings which are determined by the committee to require coverage different from that which the insurance policy obtained under K.S.A. 74-4718 will provide.
(d) Buildings the department determines it is not advisable to insure.
History: L. 1992, ch. 276, ยง 4; July 1.
Structure Kansas Statutes
Chapter 74 - State Boards, Commissions And Authorities
Article 47 - Insurance By Public Agencies
74-4702 Specific authority required for purchase of property insurance by state agencies.
74-4703 Fire and extended coverage insurance on certain property authorized, when.
74-4705 Boiler insurance authorized.
74-4706 No payment where insurance unauthorized.
74-4707 Purchase of motor vehicle liability insurance by state agencies; coverage, limitation.
74-4718 Insurance coverage for state-owned buildings; procedure; requirements.
74-4719 Same; administration; powers and duties of department; rules and regulations.
74-4720 Same; buildings authorized to be excluded from coverage.
74-4721 Same; annual report to legislature by department.
74-4722 Liability insurance coverage for wildlife, parks and tourism vessels.