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AGO Opinions with Topic: FIRE AND EXTENDED COVERAGE
AGO 1967 No. 37 >  October 31, 1967
DISTRICTS - SCHOOLS - CONTRACT - INSURANCE - FIRE AND EXTENDED COVERAGE
DISTRICTS - SCHOOLS - CONTRACT - INSURANCE - FIRE AND EXTENDED COVERAGE When a school district purchases fire and extended coverage insurance protection for the property of the district under a three year contract which it may cancel at any time, and consequently recover any unearned portion of the premium, it may pay the full premium due in accordance with the contract at the time of purchase.
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