Requirement of Finance Bond

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Each library board which handles finances must keep a current bond for an adequate amount determined by the board of trustees and recorded in the minutes on the library director, the treasurer of the board of trustees, or other officials and employees authorized to handle funds. Proof of the bond for each board must be filed with the Renewal Application for State Aid.

(Code 1981, §20-5-50, enacted by Ga. L. 1984, p. 1005, § 1.)


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