STATE OF NEW YORK
________________________________________________________________________
6498
2017-2018 Regular Sessions
IN SENATE
May 26, 2017
___________
Introduced by Sen. LATIMER -- read twice and ordered printed, and when
printed to be committed to the Committee on Local Government
AN ACT to amend the general municipal law, in relation to insurance
reserve funds of the Mamaroneck union free school district
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Paragraph (a) of subdivision 2 of section 6-n of the gener-
2 al municipal law, as separately amended by chapters 414 and 416 of the
3 laws of 2016, is amended to read as follows:
4 (a) The governing board of any municipal corporation may establish a
5 reserve fund to be known as the insurance reserve fund. Upon the
6 creation of the fund, the municipality may make expenditures from the
7 fund for any loss, claim, action or judgment for which the municipal
8 corporation is authorized or required to purchase or maintain insurance,
9 except those kinds of risks for which insurance is authorized pursuant
10 to paragraph one, two, three, fifteen, sixteen, seventeen, eighteen,
11 twenty-two or twenty-three of subsection (a) of section one thousand one
12 hundred thirteen of the insurance law, or for payments in lieu of
13 contributions under article eighteen of the labor law; provided however,
14 that no municipality shall make an expenditure from such fund for any
15 loss, claim, action or judgment for which the municipal corporation has
16 established a reserve fund under any other provision of law; provided,
17 further that the Scarsdale union free school district, the Mamaroneck
18 union free school district, the Minisink Valley central school district
19 and the Vernon Verona Sherrill central school district may establish
20 insurance reserve funds in compliance with this section and article
21 seventy-four of the education law [and the Minisink Valley central
22 school district may establish insurance reserve funds in compliance with
23 this section and article seventy-four of the education law] and such
24 school districts may make expenditures in compliance with this section
25 and article seventy-four of the education law from such reserve fund for
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD09715-02-7
S. 6498 2
1 any loss, claim, action or judgment for which the school districts are
2 authorized or required to purchase or maintain insurance for the kinds
3 of risks for which insurance is authorized pursuant to paragraph three
4 of subsection (a) of section one thousand one hundred thirteen of the
5 insurance law.
6 § 2. This act shall take effect immediately.
