FILE: DH

BONDED EMPLOYEES

The Board requires the Superintendent and designated Custodian of School Funds to be bonded in an amount fixed by the State Superintendent of Education by a reputable surety company authorized to do business in Alabama. A certified copy of such bond shall be placed on file with the State Department of Education.

The Superintendent shall be responsible for securing surety bonds in an amount of $5,000 for all employees of the school district who may be charged with the responsibility of handling public and non-public school funds. The Board shall be authorized to make payment from public funds for such surety bonds.

ADOPTED: August 13, 2002

LEGAL REF: Code of Alabama 16-11-6; 16-11-7; 16-13-8; 16-13-9