Posts Tagged ‘finance officer bond’

Finance Officer Fidelity Bonds: When Are Multiple Bonds Required?

Thursday, January 12th, 2012

Prudence serves as a finance officer for a North Carolina county. As a condition of her initial (and continued) employment Prudence is required to obtain and maintain a “true accounting and faithful performance bond” with coverage of up to $50,000. (The county pays the annual premium on the bond.) Recently, the county agreed to handle […]