Garfield Re-2 Policies

DH

All district employees who are responsible for moneys controlled by the Board or who may have more than $50 from such funds in their custody shall be bonded IN individual amounts of $10,000. 

The secretary and treasurer of the Board and any custodian of moneys authorized and appointed by the Board shall be individually bonded.  This bond shall be in an amount not less than $ 5,000.00.

The cost of bonding or insurance coverage shall be borne by the school district.

Adopted: September 27, 1988

Revised: January 24, 1995

Revised:     September 26, 2006

LEGAL REFS.: C.R.S. 22-32-104 (4)(b),(c)(d) (surety bond or insurance coverage 

required)

C.R.S. 22-32-109 (1)(h)(bond or insurance requirement

C.R.S. 22-32-121 (3)
 

Garfield School District No. Re-2, Rifle, Colorado