General Laws of Massachusetts - Chapter 30 General Provisions Relative to State Departments, Commissions, Officers and Employees - Section 17 Bond premiums; reimbursement

Section 17. If an official having custody of property of the commonwealth, or charged with the duty of receiving or disbursing money, is required to give bond to the commonwealth for the faithful discharge of his duty, the commonwealth shall reimburse him for the amount paid by him to a surety company for becoming surety on his official bond. Premiums on all surety bonds paid by the commonwealth shall be paid out of the appropriations for expenses of the several officers and departments.

Section:  Previous  10  11  12  13  14  15  16  17  18  19  20  21  22  22A  23  Next

Last modified: September 11, 2015