The secretary may require any employee or agent of the council to give a fidelity bond, executed by a surety company that is authorized to do business in this state, in favor of the secretary, in the sum, and containing any terms and conditions, that the secretary may prescribe. The cost of the fidelity bonds of employees or agents of the council shall be paid from the funds that are collected pursuant to this chapter.
(Amended by Stats. 2015, Ch. 307, Sec. 35. (AB 958) Effective January 1, 2016.)
Last modified: October 25, 2018