Section 4-5-1-1 - Commencement of term; bond(a) The individual elected as secretary of state shall take office on January 1 following the individual's election.(b) The secretary of state, before entering upon the duties of office, shall execute an official bond with freehold or corporate security. Freehold surety must be approved by the governor.(Formerly: Acts 1852,1RS, c.96, s.1.) As amended by Acts1978 , P.L. 12, SEC.1; P.L. 8-1995, SEC.67.