Section 21.87.310. Fidelity bond.

Latest version.

Each service corporation shall procure and maintain in force a fidelity bond or bonds, with authorized corporate surety, covering every officer or employee entrusted with the handling of its funds, in an amount, but not less than $5,000, that may be fixed by its board of directors.

Notes

History

(Sec. 1 ch 120 SLA 1966)

                    
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