File: DH 

BONDED EMPLOYEES

The Board shall require bond or proper commercial crime coverage as stipulated by the laws of the State of Louisiana of all persons who handle large sums of money. In addition all persons authorized to sign checks or warrants drawn against the school funds shall have a surety bond or similar insurance coverage provided by the School Board in an amount of not less than $1,000,000.

Adopted prior to 1975
LEGAL REF:    LSA-R.S. 17.95 LSA-R.S. 17.97
Revised:    3/18/98

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