Section 90066 Of Article 2. The State University Revenue Bond Act Of 1947 From California Education Code >> Division 8. >> Title 3. >> Part 55. >> Chapter 8. >> Article 2.

. The board may insure against public liability or property damage. The board may provide in an indenture for the carrying of this or any other insurance in the amount and of the character as it shall determine, and for the payment of the premiums thereon.