Section 26412 Of Article 1. Authority From California Government Code >> Division 2. >> Title 3. >> Part 2. >> Chapter 15. >> Article 1.
26412
. The board may insure against public liability or property
damage in connection with any project. It may provide in the
proceedings authorizing the issuance of any revenue bonds for the
carrying of such or any other insurance in such amount and of such
character as may be specified and for the payment of the premiums
thereon.