FILE: DH
BONDED EMPLOYEES
The Rapides Parish School Board shall furnish all persons authorized to sign checks or warrants drawn against the school funds a surety bond in an amount to be determined by the School Board, but which shall be not less than fifteen thousand dollars, for the faithful performance of their duties.
All bonds purchased by the School Board made in favor of the Board shall include coverage for faithful performance of duties as well as coverage against loss sustained by the Board through any fraudulent or dishonest act committed by any of the bonded employees. All bonds purchased by the Board shall be from an insurance company admitted and licensed to do business in Louisiana.
Ref: La. Rev. Stat. Ann. ยงยง17:95, 17:97
Board minutes, 4-16-02
Rapides Parish School Board