N.D. Cent. Code § 26.1-21-23

Current through 2024 Legislative Session

Section 26.1-21-23 - Public official may furnish private bond - Premiums payable from public moneys only to fund

In lieu of the bond provided for in this chapter, a public officer or public employee may furnish a bond issued by a duly authorized surety company in an amount determined by the commissioner, but an officer or board of the state or of any political subdivision may not pay for the surety bond out of any public funds. Evidence of a bond purchased under this section must be filed with the commissioner.

N.D.C.C. § 26.1-21-23