A. The officers of the Village shall give bonds in the sums and within the time respectively stated in this Code defining the powers and duties of the several officers and departments of the Village, and in each case, as provided by law. In all cases not specifically provided for, the officers of the Village shall give such bonds and within such time as the President and Board of Trustees may require, or as may be required by law. Should good cause exist in the judgment and discretion of the Board of Trustees, any officer may be required from time to time to give additional bonds in such sums and within such time as the board may, by resolution, direct. The bond of each officer shall be executed to the Village with a responsible surety or corporation. (1985 Code § 1-8-3)
B. The bonds of all Village officers shall be subject to the approval of the President and Board of Trustees after the form of the bond has been approved by the Village Attorney. After the approval, as aforesaid, the Clerk shall endorse thereon the date thereof and file the same in his office, except the bond of the Clerk which shall be filed with the Village Comptroller. (1985 Code § 1-8-3; amd. 2016 Code)