20-6-608. Authority and duty of trustees to insure district property. (1) The trustees of a district shall insure all real and personal property of the district. The trustees shall include the cost of insurance in the general fund budget of the district.
(2) Proceeds received from an insurance settlement on real or personal property insured by the district may, at the discretion of the trustees, be deposited in a fund considered appropriate by the trustees.
History: En. 75-8212 by Sec. 484, Ch. 5, L. 1971; R.C.M. 1947, 75-8212; amd. Sec. 16, Ch. 11, Sp. L. June 1989; amd. Sec. 5, Ch. 343, L. 1999.
Structure Montana Code Annotated
20-6-601. Power to accept gifts
20-6-602. Trustees' power over property
20-6-603. Trustees' authority to acquire or dispose of sites and buildings -- when election required
20-6-604. Sale of property when resolution passed after hearing -- appeal procedure
20-6-605. Land acquired by conditional deed or at will or sufferance
20-6-606. Letting contracts for school facilities
20-6-607. Leasing district property and disposition of any rentals
20-6-608. Authority and duty of trustees to insure district property
20-6-609. Trustees' authority to acquire property by lease-purchase agreement
20-6-610. through 20-6-620 reserved
20-6-621. Selection of school sites -- approval election
20-6-622. Review and approval of school building plans and specifications
20-6-624. School building plans and specifications approval before payment
20-6-625. Authorization to lease buildings or land for school purposes
20-6-626. through 20-6-629 reserved
20-6-631. When contracts for architectural services required
20-6-633. Hiring for architectural services authorized
20-6-634. Tentative and final proposals -- public meetings
20-6-635. Contracts with Montana firms encouraged
20-6-636. Prohibition against contingent fees -- penalty