California Government Code 895.4 – As part of any agreement, the public entities may provide for …
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As part of any agreement, the public entities may provide for contribution or indemnification by any or all of the public entities that are parties to the agreement upon any liability arising out of the performance of the agreement.
(Added by Stats. 1963, Ch. 1681.)
Terms Used In California Government Code 895.4
- agreement: means a joint powers agreement entered into pursuant to Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 of . See California Government Code 895
- Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC