Each member of the Electric Plant Board shall, after their appointment and before performing any of the duties of the office, execute a bond to the city in the sum as established by resolution of the Board of Commissioners for the faithful performance of the official duties on the Board and to account for all monies or property which may come into their hands. The bonds may only be surety company bonds, with companies qualified to do business in the state and the bonds to be subject to approval by the Board of Commissioners. The cost of the bonds shall be paid by the city. After approval of the bond by the Board of Commissioners, the appointees shall take the oath of office required by § 228 of the Constitution of the commonwealth.
(1977 Code, § 22-64) (Ord. passed 3-20-1959)
Statutory reference:
Similar provisions, see KRS 96.740(6), (7)