Statute or Charter Requiring Public Official to Post or Obtain Bond; Furnishing Surety or Fidelity Insurance Coverage by Group Self-Insurance Pool.

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  2. Michigan Compiled Laws
  3. Municipalities
  4. 35 of 1951 - Intergovernmental Contracts Between Municipal Corporations (124.1 - 124.13)
  5. Statute or Charter Requiring Public Official to Post or Obtain Bond; Furnishing Surety or Fidelity Insurance Coverage by Group Self-Insurance Pool.

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Sec. 10.

The provisions of any statute or charter requiring a public official to post bond or obtain a surety bond, the premium on which may lawfully be paid by a public agency of this state, may be satisfied with surety or fidelity insurance coverage furnished by a group self-insurance pool organized under this act, including any deductible amount or other portion self-insured by the public agency itself.

History: Add. 1982, Act 138, Imd. Eff. Apr. 27, 1982


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