FILE: B-6
BONDED SCHOOL BOARD MEMBERS
The Central Community School Board shall require the Superintendent and School Board President, and all other appropriate designated personnel, who are authorized to sign checks written against school funds, to furnish a surety bond in an amount set by the School Board, but shall not be less than fifteen thousand dollars, for the faithful performance of their duties. In addition, the Superintendent, as treasurer of the School Board, shall furnish an indemnity bond, made in favor of the governor and the School Board in an amount to be set by the School Board. The School Board shall pay the premiums of such bonds.
All bonds shall be purchased by the School Board from a company licensed to do business in Louisiana. In addition, all bonds purchased by the School Board on its employees shall include coverage against loss sustained by the School Board through fraudulent or dishonest acts committed by any of the bonded employees or persons.
Ref: La. Rev. Stat. Ann. ยงยง17:95, 17:97
Central Community School Board