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Current as of January 01, 2024 | Updated by FindLaw Staff
The treasurer of the district must be bonded in such amount as is required by the board of commissioners but such bond may not be less than one thousand dollars. Other district employees must be bonded in such amount as the board may prescribe. Every officer or employee of whom a bond is required must be deemed bonded with the state bonding fund upon notice of the person's appointment given to the state insurance commissioner by the secretary of the district. Upon notification of the state bonding fund of the premium required, the treasurer shall remit the same.
Cite this article: FindLaw.com - North Dakota Century Code Title 23. Health and Safety § 23-24-07. Bonds of officers and employees - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-23-health-and-safety/nd-cent-code-sect-23-24-07/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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