(A) Before entering upon the duties of office, the Village Comptroller/Manager shall furnish a surety bond to be approved by the Village President and Board of Trustees, the bond to be conditioned on the faithful performance of his or her duties. The premium of the bond shall be paid by the Village.
(B) Before entering upon the duties of office, the Comptroller/Manager shall take and subscribe the oath prescribed by statutes.
('73 Code, § 2-104)