SEC. 2.112. FIDELITY BONDS.
§ 2.112
The Board of Supervisors decides which city officials must post fidelity bonds (insurance protecting against dishonesty or fraud) and sets the amount for each bond, with an annual review required.
City leaders choose which officials have to buy fidelity bonds—a type of insurance that protects the city if an official steals money or commits fraud. The leaders also decide how much each bond should be worth. Every year, the city reviews whether these bonding rules still make sense.
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Official text
The Board of Supervisors shall determine which officials of the City and County shall be required to post fidelity bonds and the respective amounts of any such bonds. An annual review of bonding requirements shall be conducted by the Board of Supervisors.