New York A06860 allows municipal corporations to establish joint insurance funds for various coverages.
New York A06860 amends the insurance law to allow the governing body of any municipal corporation to join with other municipal corporations to create a joint insurance fund. This fund can insure against liability, property damage, and workers' compensation, as well as loss or theft of moneys or securities. It also provides blanket bond coverage for certain county or municipal officers and employees.
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