Ala. Admin. Code r. 800-1-3-.04

Current through Register Vol. 43, No. 1, October 31, 2024

Section 800-1-3-.04 - Fiduciary Insurance

Members of the Board of Control should be covered with fiduciary liability insurance in the amount and type necessary to cover the carrying out of responsibilities of the Board. Such bond coverage shall be reviewed annually.

Author: William T. Stephens, General Counsel, RSA.

Ala. Admin. Code r. 800-1-3-.04

Filed September 30, 1982; effective October 1, 1982.

Statutory Authority:Code of Ala. 1975, § 16-25-19(h).