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California Public Contract Code

§ 10316

PCC § 10316 Effective Sep 30, 1983Div. 2 · Part 2 · Ch. 2 · Art. 3

Statute text

View on leginfo.ca.gov
The department may insure in the name of the state any goods or merchandise belonging to the state which are stored in any warehouse or storage depot not under exclusive state control, in an amount sufficient to indemnify the state against loss or damage by fire. Premiums for such insurance shall be paid out of the Service Revolving Fund and prorated and added to the price of the goods or merchandise.

Legislative history

Added by Stats. 1983, Ch. 1231, Sec. 4. Effective September 30, 1983.

Source: California Public Contract Code § 10316 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.