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(A) The board of trustees of a state college, university, or state affiliated college or university may procure a policy or policies insuring its student teachers against liability on account of damages or injury to persons or property, in respect to the acts of student teachers occasioned by any incident occurring in the course of the performance of their duties during the period of their assignment to any school.
(B) The board also may procure a policy or policies insuring its students participating in clinical or field-based teacher preparation experiences against liability on account of damages for injury to persons or property, including death by wrongful act, in respect to the acts of such students occasioned by any incident occurring in the course of the preparation experiences and during the period of their assignment to any school or other entity.
(C) No person shall be covered under an insurance policy, as permitted by this section, if such person acts:
(1) Manifestly outside the scope of employment or official responsibility;
(2) With malicious purpose;
(3) In bad faith; or
(4) In wanton or reckless manner.
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