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Michigan Compiled Laws Act 10 Of 1969 Bonds Of State Officers And Employees (15.1 - 15.6)
AN ACT to provide uniform bond coverage for officers and employees of state departments and agencies; and to repeal certain acts and parts of acts.
1969, Act 10, Imd. Eff. May 7, 1969
Section 15.1 Uniform Bond Coverage; State Officers And Employees; Exceptions.
Notwithstanding the provisions of any other law, officers and employees of all state departments and agencies that are required by statute or in the...
Section 15.2 Bonds; Conditions, Coverage; Departmental Problems.
The director of the department of administration or his designated agent is authorized to determine, after consultation with the director of the department of...
Section 15.3 Notice To All Surety Companies.
In obtaining bond coverage under this act, the department of administration shall notify all surety companies authorized to do business in this state of...
Section 15.4 Time For Completion; Termination Of Other Bonds; Deposit Of Refunds.
Within 1 year after the effective date of this act, the department of administration shall complete the bonding requirement as required by this act...
Section 15.5 Statutes Superseded.
This act supersedes all statutes, or parts of statutes, relating to amounts, terms and conditions, execution, approval and filing of surety bonds required of...
Section 15.6 Repeal.
Act No. 20 of the Public Acts of 1968, being section 15.111 of the Compiled Laws of 1948, is repealed. History: 1969, Act 10,...
Last modified: October 10, 2016