510 chapters · 11,524 sections in this title.
Educ. Code § 42800 Section 42800
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(a) The governing board of a school district may, with the consent of the county superintendent of schools, establish a revolving cash fund for the use of the chief accounting officer of the school district, by adopting a resolution setting forth the necessity for the revolving c…
Educ. Code § 42801 Section 42801
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(a) Except as otherwise provided in subdivision (b) of this section, the officer for whose use the revolving cash fund is created shall file with the governing body of the district a bond in favor of the district, executed by him as principal and by a surety company authorized un…
Educ. Code § 42801.5 Section 42801.5
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Notwithstanding the requirement to provide for indemnity bonds pursuant to Sections 42650 and 42801, the governing board of a school district may, in lieu thereof, insure against losses caused by an employee or an officer of a school district if the insurance gives the same or gr…
Educ. Code § 42802 Section 42802
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No bond shall be required when the revolving cash fund does not at any time exceed twenty-five dollars ($25). (Enacted by Stats. 1976, Ch. 1010.)