§ 31.02  OFFICIAL BONDS; PREMIUMS TO BE PAID BY TOWN.
   The Town Clerk and other officers or employees required by the Board of Aldermen shall, before entering upon their duties, post bond in amounts specified by the Board.  All bond premiums shall be paid from town funds; however, when two offices are combined, such as Clerk and Treasurer, only one bond shall be required.
('72 Code, § 2-3)
Statutory reference:
   Fidelity bonds, see G.S. § 159-29