a. The Clerk/Treasurer shall, before entering upon the duties of his or her office, give bond to the town in such an amount as prescribed by Council. It shall be conditioned upon the faithful performance of the duties of his or her office and the faithful accounting for all funds of the town in his or her custody.
b. The bond required shall be written by a surety company authorized by law to engage in business in the state.
c. The fee shall be paid by the town.
(Prior Code, § 2.602)