School districts shall provide a suitable bond or employee dishonesty rider on insurance policy ($1,000,000 each occurrence) for all employees who are routinely in contact with funds or who are responsible for the accumulation and/or dissemination of moneys of this school district.
The Board treasurer shall, within 30 days after their appointment or election, execute to the county and file with the secretary a bond of not less than $50,000.
Legal Reference:
Neb. Statute 11-119
Policy Adopted 10/4/76
Policy Revised: 10/5/98
Policy Revised: 07.13.2015