Except as otherwise provided by state law, every city officer, except the Mayor and members of the Common Council shall execute a bond, to the approval of the Mayor in such penal sum as the Common Council may enact by ordinance covering such cases, conditioned for the faithful performance of the duties of his office and for the payment to the proper person of moneys received by him as such officer.
('75 Code, § 2-18)
Statutory reference:
Bond, see IC 5-4-1-8 and 5-4-1-9