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Current as of January 01, 2024 | Updated by Findlaw Staff
The state treasurer shall give a separate and additional bond in such amount as shall from time to time be fixed by the board of trustees. The said bond shall be approved by the attorney general and shall be conditioned for the faithful performance of his duties as custodian of the moneys, securities and other investments of the retirement system. The executive secretary, and the employees of the system designated by the board, shall furnish bonds in such form, and in such amounts, as the board shall from time to time determine. The costs of such bonds shall be paid from the expense fund and such bonds shall be filed in the same office as are the bonds of state officers.
Cite this article: FindLaw.com - West Virginia Code Chapter 5. General Powers and Authority of the Governor, Secretary of State and Attorney General; Board of Public Works; Miscellaneous Agencies, Commissions, Offices, Programs, Etc. § 5-10-12. Officer and employee bonds - last updated January 01, 2024 | https://codes.findlaw.com/wv/chapter-5-general-powers-and-authority-of-the-governor-secretary-of-state-and-attorney-general-board-of-public-works-miscellaneous-agencies-commissions-offices-programs-etc/wv-code-sect-5-10-12/
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 before relying on it for your legal needs.
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