(A) The bonds of the Treasurer of the county, Sheriff of the county, Clerk of the Circuit, Superior and County Court, each Township Trustee in the county and any conservancy district financial clerks in the county, and any Barrett Law Fund custodians, who are employees or officers of the county are fixed for each of the persons in an amount equal to $30,000 for each $1,000,000 of receipts of the officer’s office during the last complete fiscal year before the purchase of the bond; however, the amount of the bonds shall not be less than $30,000, nor more than $300,000.
(B) The bond of the Auditor of the county is fixed for an amount equal to $30,000 for each $1,000,000 of receipts of the officer’s office during the last complete fiscal year before the purchase of the bond; however, the amount of the bond shall not be less than $30,000, nor more than $300,000.
(C) The bonds of all other persons who are required by I.C. 5-4-l-18(a) to file individual surety bonds are fixed for each of the persons at no less than $15,000.
(D) The bonds, as required herein, shall be in the form as required by I.C. 5-4-l-18(e) and shall cover the faithful performance of the duties of the officer or employee, including the duty to comply with I.C. 35-44-1-2, and the duty to account properly for all monies and properly received by virtue of his or her position and employment.
(Prior Code, § 2-77) (Ord. 1983-4, passed 3-15-1983)
Statutory reference:
Similar provisions, see I.C. 5-4-1-19