§38-5  Indemnity bond from depository. The director with the approval of the governor, shall, if in the director'sjudgment it appears necessary for the security of the State, require thedepository to give indemnity bonds, the sureties on which shall not beinterested as stockholders in the depository, to be approved by the governorand director to secure the State against the loss of any depreciation in valuethat may occur in the bonds held by the director as security for thesafekeeping and prompt payment of the money of the State in the depository. [L1970, c 51, pt of §1; gen ch 1985]