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§ 1-505 CONDITION OF BONDS.
   Each of the bonds required in § 1-503 shall be conditioned for the faithful performance of duty and all acts required by the laws of the state and of the city, and for the application and payment over to the proper persons of all monies or property coming into the hands of each such officer by virtue of his or her office.
(1987 Code, § 1-505)