Oklahoma § 70-4312 - General public liability insurance on university

§ 70-4312. General public liability insurance on university

employees.

Oklahoma Statutes - Title 70. Schools

Boards of Regents, institutions and agencies comprising the

Oklahoma State System of Higher Education are hereby authorized to

carry general public liability insurance on their employees limited

to their official assigned duties at said university and to pay the

premiums therefor out of non-state-appropriated funds for the

following kinds of insurance, not to exceed the limits indicated:

1. Bodily injury liability, Ten Thousand Dollars ($10,000.00)

each person, Fifty Thousand Dollars ($50,000.00) each accident;

2. Property damage liability, Ten Thousand Dollars ($10,000.00)

each accident; and

3. Medical expense, One Thousand Dollars ($1,000.00).

Such insurance shall be on standard policy forms approved by the

Insurance Commissioner with companies authorized to do business in

Oklahoma. To the extent that an insurer has provided indemnity in a

contract of insurance to the Board of Regents, an institution or an

agency to which the act applies, the said insurer may not plead as a

defense in any action involving insurance purchased pursuant to this

act the governmental immunity of either the State of Oklahoma or of

any political subdivision or agency thereof which has purchased

insurance authorized by this act.

Added by Laws 1971, c. 272, § 1, emerg. eff. June 17, 1971. Amended

by Laws 2006, c. 264, § 72, eff. July 1, 2006.