III-20: Bonded Employees and Officers
North Sanpete School District
Board Policy with Guidelines
Policy Number: III-20
Subject: Bonded Employees and Officers
The school district's clerk/treasurer shall be bonded in the sum of not less than $100,000.
The Board shall require individual bonding of other school employees who are responsible for handling school money. The amount of the bond shall be not less than $1,000. The Board may appropriate money from the general fund to cover the costs of bonds for those employees handling student activity or other funds, or it may require that the cost of the bond be charged against the fund involved.