Indiana Code Title 12. Human Services § 12-24-3-3

Sec. 3. (a) As used in this section, “employee” includes the superintendent of an institution.

(b) The director may require an employee of a state institution to furnish a bond in an amount determined by the director.  

(c) A bond required by this section must be:

(d) The premiums for a bond required by this section shall be paid from the money of the division.

(e) The division may secure a standard form blanket bond or crime insurance policy endorsed to include faithful performance that covers all or any part of the employees of the division.  A blanket bond or crime insurance policy secured by the division under this subsection must be in an amount of at least fifty thousand dollars ($50,000).

(f) The commissioner of insurance shall prescribe the form of the bonds or crime policies required by this section.