The controller shall execute an official bond in an amount fixed by the south coast district board conditioned upon the faithful performances of his or her duties.
A county auditor shall not be liable under the terms of his or her bond or otherwise for a warrant issued pursuant to this article.
This section shall not be applied so as to impair the obligation of any contract in the bond of the officers in effect on the effective date of this section.
Ca. Health and Saf. Code § 40538