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[DH: Bonded Employees and Officers]

The Board requires that the Treasurer and Assistant Treasurer be bonded pursuant to state law. The District will arrange a Public Officials Bond to cover the Treasurer and each assistant, if any, in an amount of not less than $1,000,000. It is the practice that any employee who administers student activity money shall be bonded.

Any employee who administers funds for the District will be bonded appropriately. The District will arrange a Blanket Position Bond, including a Faithful Performance endorsement, in the amount of $1,000,000 on all employees who administer funds for the District.

Legal References:

RSA 197:22, Treasurer’s Bond

History: Revised From 04/10/2000

First Reading Policy Committee: 12/21/2022

Second Reading and BOSC Adoption: 01/09/2023