If any school building be abandoned for use for school purposes, the board may cancel or reduce all insurance carried by it on such abandoned school building and its contents, and the board shall not be required to renew existing insurance or write any insurance on any such building and its contents, the use of which for school purposes has been discontinued; provided, that at least ten days before the cancellation or reduction of any such insurance the board shall give notice to the proper authorities that such cancellation or reduction is to be made.
HISTORY: 1962 Code Section 1-434; 1952 Code Section 1-434; 1942 Code Section 2182; 1936 (39) 1668.
Structure South Carolina Code of Laws
Title 10 - Public Buildings and Property
Chapter 7 - Insurance On Public Buildings And Property
Section 10-7-20. Insurance on public buildings of incorporated municipalities.
Section 10-7-30. Insurance on public buildings of counties.
Section 10-7-40. Insurance on public school buildings.
Section 10-7-50. Cancellation or reduction of insurance on abandoned school buildings.
Section 10-7-60. Cancellation in case of dilapidation and depreciation.
Section 10-7-70. Officials in charge of buildings shall provide for insurance.
Section 10-7-80. Officials shall furnish information on school buildings.
Section 10-7-90. Premium rate.
Section 10-7-100. Payment of premiums.
Section 10-7-120. Authority may reinsure.
Section 10-7-130. Insurance reserve funds.
Section 10-7-140. Reduction of premiums.
Section 10-7-160. Value of buildings.
Section 10-7-170. Amount of insurance.
Section 10-7-180. Appraisers in case of loss or damage.
Section 10-7-190. Payment of amount of award.
Section 10-7-200. Contracts and loans for hazard reducing systems.
Section 10-7-210. Losses when authority holds hazard reduction system loans.