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2-110: BONDS FOR TOWN OFFICERS AND EMPLOYEES 1 :
The town clerk, town treasurer and such officers and employees as are designated by the town board of trustees shall, before entering upon the discharge of their duties, execute and file with the town clerk surety bonds issued by a surety company authorized to operate in the state conditioned upon the faithful performance of their duties. The town shall pay the premium on such bonds. (1998 Code)
1. As of 1994, bond for treasurer was $25,000.00 and for all other officers $5,000.00 blanket bond. See ordinance table or bond insurance policy for amendments to bond coverages.