DH - Loss Coverage

Code: DH

Readopted:  5/15/17, 6/20/23

Adopted: 3/10/97

Orig. Code(s): DH

The Board and designated district employees are responsible to safeguard the district against loss regarding funds, fees, cash collections and inventory. The Board shall designate the district employees responsible as custodians of such items. The district shall purchase bond coverage or equivalent crime coverage in an amount determined by the Board, upon recommendation by the superintendent or designee.  The district will pay the cost of such coverage.

END OF POLICY

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Legal Reference(s):

ORS 328.441
ORS 332.525

OAR 581-022-2405