Before entering upon the duties of trustee, an agency under contract with the department of developmental disabilities may require any of its employees having custody or control of funds or property to give bond to the probate court with sufficient surety, conditioned upon the full and faithful accounting of all trust funds which the employee holds. The amount of the bond shall be determined by the court and may be modified by the court.
Amended by 128th General Assemblych.127, SB 79, ยง1, eff. 10/6/2009.
Effective Date: 01-01-1990
Section: Previous 5123.54 5123.541 5123.542 5123.55 5123.56 5123.57 5123.58 5123.59 5123.60 5123.601 5123.602 5123.603 5123.604 5123.605 5123.61 NextLast modified: October 10, 2016