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1 Officials and Employees Bonds; When Required. Amend RSA 93-B:1 to read as follows:
93-B:1 When Required.
I. Officials and employees of all departments and agencies of the state shall be bonded by means of a blanket undertaking or undertakings from any duly authorized corporate surety, such blanket undertaking or undertakings to indemnify against losses through one or both of the following conditions:
I. (a) Through the failure of the officers, clerks and employees covered thereunder faithfully to perform their duties or to account properly for all moneys or property received by virtue of their positions or employment, or
II. (b) Through fraudulent or dishonest acts committed by the officers, clerks, and employees covered thereunder.
II. All bonds shall be filed with the department of administrative services, division of procurement and support services, and at the state library.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 Officials and Employees Bonds; When Required. Amend RSA 93-B:1 to read as follows:
93-B:1 When Required.
I. Officials and employees of all departments and agencies of the state shall be bonded by means of a blanket undertaking or undertakings from any duly authorized corporate surety, such blanket undertaking or undertakings to indemnify against losses through one or both of the following conditions:
(a) Through the failure of the officers, clerks and employees covered thereunder faithfully to perform their duties or to account properly for all moneys or property received by virtue of their positions or employment, or
(b) Through fraudulent or dishonest acts committed by the officers, clerks, and employees covered thereunder.
II. All bonds shall be filed with the department of administrative services, division of procurement and support services, and at the state library.
2 Effective Date. This act shall take effect 60 days after its passage.