Common use of Stolen Equipment Clause in Contracts

Stolen Equipment. Reporting Process If equipment is stolen, the school must be notified and a police report must be filed immediately. A copy of the police report must be provided to the school by the student or parent in a timely manner. Financial Responsibility Students/parents will be held financially responsible and will be billed for full replacement costs for stolen equipment. Remember, it is the parent’s/student’s responsibility to report the theft to the proper police and school authorities immediately upon incident. After investigation, if a Chromebook is deemed stolen, the school will make a determination regarding a replacement device.