At the discretion of the board of a cooperative, any officer, employee, or agent handling funds or negotiable instruments or property of or for the cooperative may be bonded for the faithful performance of the person's duties and obligations.
Source: L. 96: Entire article R&RE, p. 505, § 1, effective July 1.
Editor's note: This section is similar to former § 7-56-115 as it existed prior to 1996.