§41D-8.5  Insurance for indemnification. The comptroller may:

(1)  Obtain sufficient loss insurance to cover theliability of the State that may arise from indemnity provisions agreed topursuant to section 29-15.5;

(2)  Obtain sufficient loss insurance to indemnify,defend, and hold harmless a county providing assistance, services, rights, orpermission to use county property to a state agency under an indemnityagreement provision pursuant to section 46-71.5; and

(3)  Obtain appropriate and sufficient reinsurance tocover the liability of a captive insurance company established pursuant tosection 41D-2. [L 1997, c 168, §2; am L 2000, c 132, §4; am L 2007, c 152, §11]