Education Code - EDC
TITLE 2. ELEMENTARY AND SECONDARY EDUCATION [33000 - 65001]
( Title 2 enacted by Stats. 1976, Ch. 1010. ) DIVISION 3. LOCAL ADMINISTRATION [35000 - 45500]
( Division 3 enacted by Stats. 1976, Ch. 1010. ) PART 24. SCHOOL FINANCE [41000 - 43052]
( Part 24 enacted by Stats. 1976, Ch. 1010. ) CHAPTER 1. State Financial Management and Control [41000 - 41060]
( Chapter 1 enacted by Stats. 1976, Ch. 1010. ) ARTICLE 2. Accounting Regulations, Budget Controls and Audits [41010 - 41024]
( Article 2 enacted by Stats. 1976, Ch. 1010. ) 41021.
The governing board of every school district shall require each employee of the district, whose duty it is to handle funds of the district, and may, in its discretion, require employees of the district, whose duty it is to handle property of the district, to be bonded under a suitable bond indemnifying the district against loss. Such bond may be a name schedule bond, schedule position bond or blanket bond, and shall be in such amount and type as the board shall consider necessary and desirable. The boards shall pay from the funds of the district the cost of the premium necessary to provide the bond.
(Enacted by Stats. 1976, Ch. 1010.)