The treasurer shall execute a bond with corporate sureties to be approved by the authority, which bond shall be payable to the authority in whatever penal sum may be directed by the authority conditioned upon the faithful performance of the duties of the office and the payment of all money received by him according to law and the orders of the authority.
RSA 38-A:8
1963, 278:1, eff. Sept. 1, 1963.