Bond of Treasurer; Deposit of Funds Collected From Subscribers

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The treasurer of a health care corporation shall be required to give a fidelity bond with corporate surety in such sum as may be determined by the directors of the corporation and all funds collected from the subscribers of the corporation shall be deposited to the account of the corporation in a bank which is a state depository.

(Code 1933, § 56-1713a, enacted by Ga. L. 1976, p. 1461, § 1.)


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