Title
Vote to reaffirm the surety bond amounts for County Officials per NCGS 58-72-20
Abstract
Introduction & Background:
At the first Monday in December the Board of Commissioners shall approve the conditions and terms of official bonds for the Tax Collector, Finance Director, Deputy Finance Director, Register of Deeds, and Sheriff.
? 58-72-10. Condition and terms of official bonds. Every treasurer, sheriff, coroner, register of deeds, surveyor, and every other officer of the several counties who is required by law to give a bond for the faithful performance of the duties of his office, shall give a bond for the term of the office to which such officer is chosen
? 58-72-20. Annual examination of bonds; security strengthened. The bonds of the officers named in G.S. 58-72-10 shall be carefully examined on the first Monday in December of every year, and if it appears that the security has been impaired, or for any cause become insufficient to cover the amount of money or property or to secure the faithful performance of the duties of the office, then the bond shall be renewed or strengthened, the NC General Statutes - Chapter 58 Article 72 2 insufficient security increased within the limits prescribed by law, and the impaired security shall be made good; but no renewal, or strengthening, or additional security shall increase the penalty of said bond beyond the limits prescribed for the term of office.
? 58-72-55. Clerk records vote approving bond; penalty for neglect. It is the duty of the clerk of the board of commissioners to record in the proceedings of the board the names of those commissioners who are present at the time of the approval of any official bond, and who vote for such approval. Every clerk neglecting to make such record, besides other punishment, shall forfeit his office. Any commissioner may cause his written dissent to be entered on the records of the board.
Department
Department Head
Bond Amount
Bond Term
Issuing company
Finance
Roy Lync...
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