[Board of directors; qualification; bond.]

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Whenever a district has been declared duly organized, the members of the board shall qualify by filing with the clerk of court their oaths of office, and corporate surety bonds at the expense of the district in an amount not to exceed $1,000 each, the form thereof to be fixed and approved by the court, conditioned for the faithful performance of their duties as directors.

History: 1941 Comp., § 77-3410, enacted by Laws 1943, ch. 80, § 10; 1953 Comp., § 75-18-10.

ANNOTATIONS

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 81A C.J.S. States § 136.


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