The Director of Finance at City cost shall procure and maintain in effect at all times bonds or policies of insurance in such form as shall be approved by the Director of Law, protecting the City from loss by reason of burglary, robbery, theft, forgery, counterfeiting or by fraudulent or dishonest acts by City employees engaged in the handling of money or other property of the City.
(Ord. No. 1105-56. Passed 6-4-56, eff. 6-8-56)