Official bonds - expense of premiums.

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Any state, county, municipal, district, or court officer required by law to give a bond or other obligation as such officer may include, as part of the lawful expenses of executing and performing the duties of his office, such reasonable premium as may be charged by a company authorized under the laws of this state so to do for becoming his surety on such bond or obligation and such reasonable premium as may be charged by such company for becoming surety upon the bond of any deputy, clerk, or employee of such officer who is required by law or by such officer to give bond. Such premium shall not exceed one-half of one percent per annum on the amount or penalty of each bond or obligation.

Source: L. 19: p. 317, § 1. C.L. § 7992. CSA: C. 117, § 30. CRS 53: § 99-1-28. C.R.S. 1963: § 99-1-28.


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