(A) Pursuant to I.C. 5-4-1-18(c), each year, the Clerk-Treasurer shall obtain and file an individual surety bond with the office of the County Recorder. This bond shall be in the amount of $15,000 for each $1,000,000 of receipts of the Clerk-Treasurer’s office for the previous fiscal year. The bond shall insure the faithful performance of the Clerk-Treasurer in his or her official duties.
(B) Pursuant to I.C. 36-10-3-16, each year, the Clerk-Treasurer shall obtain a bond on behalf of all employees of the town who handle money in the performance of duties on behalf of the Town Park Advisory Board.
(Prior Code, § 31.05)