18A:17-26 - Bond of business manager
18A:17-26.Ā Bond of business manager
The business manager shall, before entering upon the duties of office, giveĀ bond to the board for the faithful discharge of his duties in such principalĀ sum, not less than $2,000.00 and with such surety as the board shall direct,Ā but the annual premium of such bond may be paid by the board as a currentĀ expense.
Ā
L.1967, c.271.
Ā
The business manager shall, before entering upon the duties of office, giveĀ bond to the board for the faithful discharge of his duties in such principalĀ sum, not less than $2,000.00 and with such surety as the board shall direct,Ā but the annual premium of such bond may be paid by the board as a currentĀ expense.
Ā
L.1967, c.271.
Ā