Employee Bonds and Crime Policies

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Sec. 11. (a) The following persons shall furnish an individual public official bond, if the state health commissioner requires, in an amount determined by the state health commissioner, payable to the state and conditioned upon the faithful performance of that person's duties:

(1) Each superintendent of an institution subject to the jurisdiction or the supervision of the administrative unit.

(2) An officer or employee of the administrative unit or of any agency or institution.

(b) A bond required under this section is subject to the approval of the insurance commissioner, and shall be filed in the office of the secretary of state.

(c) The premiums for the bonds shall be payable from the funds of the administrative unit.

(d) The state health commissioner, at the state health commissioner's election, may secure a standard form blanket bond or crime insurance policy endorsed to include faithful performance covering all or any part of the officers and employees of the state department. However, the blanket bond or crime insurance policy must be in an amount of not less than fifty thousand dollars ($50,000).

(e) The commissioner of insurance shall prescribe the form of the bonds or crime policies required by this section.

[Pre-1993 Recodification Citation: 16-7-3-17.]

As added by P.L.2-1993, SEC.2. Amended by P.L.49-1995, SEC.10.


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