North Carolina § 58-31A-1 - (Effective July 1, 2020) Definitions.

§ 58-31A-1. (Effective July 1, 2020) Definitions.

The following definitions shall apply in this Article: Insurable hazards. - A minimum list of perils, risks, or hazards which must be insured against loss, which includes the following: fire, lightning, windstorm, hail, explosion, aircraft or vehicles, riot or civil commotion, smoke, vandalism, sprinkler leakage, sinkhole collapse, volcanic action, falling objects, weight of snow, ice or sleet, or water damage. Public education board. - A local board of education of a local school administrative unit, as defined in G.S. 115C-5(5), a board of trustees of a regional school, as defined in G.S. 115C-238.63, or a board of trustees of a community college, as defined in G.S. 115D-12. Public education property. - Property owned by a local board of education, a regional school board of directors, or a community college board of trustees. History (2019-176, s. 3(b).) Editor's Note. - Session Laws 2019-176, s. 3(a), provides: "All functions, powers, duties, obligations, resources, and appropriations vested in the State Board of Education, the Superintendent of Public Instruction, and the School Insurance Fund Section of the Department of Public Instruction for management and operation of a system of insurance for public education property are transferred to, vested in, and consolidated into the Department of Insurance and the Commissioner of Insurance as a Type I transfer, as defined in G.S. 143A-6 . The Commissioner of Insurance, the Department of Insurance, and the Office of State Budget and Management are authorized to take all other steps necessary to consolidate the system of insurance for public education property into the Department of Insurance. To effectuate this Type I transfer and ensure continuation of other benefit services in the Department of Public Instruction, the following shall occur: "(1) The State Treasurer shall transfer the balance of the Public School Insurance Fund to the State Public Education Property Insurance Fund, established pursuant to G.S. 58-31A-20, as enacted by this act. "(2) The following positions shall be transferred from the Department of Public Instruction to the Department of Insurance as part of the Type I transfer, and the Department of Insurance may eliminate these positions as needed for the efficient operation of the Department: " Position number Title "a. 60009670 School Insurance Consultant. "b. 60009672 Fire Safety Inspector. "c. 60009673 Fire Safety Inspector. "d. 60009674 Fire Safety Inspector. "e. 60009675 Administrative Specialist II. "f. 60009677 Accounting Technician II. "g. 60009668 Administrative Specialist I. "(3) The Department of Public Instruction shall retain the following position to continue administration of non-property insurance benefit services formerly handled by the School Insurance Fund Section, and shall use funds appropriated to Fund Code 1870 for costs associated with that position: " Position number Title "a. 60009669 Education Program Administrator II." Session Laws 2019-176, s. 4, made this Article effective July 1, 2020.