256.06  SURETIES; PAYMENT OF BOND PREMIUMS BY VILLAGE.
   Whenever a surety bond to indemnify the Village is required as a prerequisite to exercising the duties of any office or position, or to the issuance of a license or permit or the exercise of any special privilege, the surety on such bond shall be a corporation licensed and authorized to do business in the State as a surety company.  The cost of all bond premiums required by Village officers shall be paid by the Village.