(1) In case the office of county treasurer becomes vacant, the board of county commissioners shall appoint a suitable person to perform the duties of the treasurer. Except as provided in subsection (2) of this section, the person so appointed shall give bond with like sureties and conditions as that required in county treasurers' bonds and in such sum as the board shall direct and shall be invested with all the duties of the treasurer, until such vacancy is filled or such disability removed.
(2) In lieu of the bond required by subsection (1) of this section, a county may purchase crime insurance coverage on behalf of the appointee to the office of treasurer to protect the people of the county from any malfeasance on the part of the treasurer while in office.
Source: G.L. § 529. G.S. § 633. R.S. 08: § 1319. C.L. § 8793. CSA: C. 45, § 140. CRS 53: § 35-7-5. C.R.S. 1963: § 35-7-5. L. 2010: Entire section amended, (HB 10-1062), ch. 161, p. 563, § 25, effective August 11.