LD 469
pg. 3
Page 2 of 3 An Act Concerning the Requirement for Surety Bonds for County Treasurers, Sheri... LD 469 Title Page
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LR 1102
Item 1

 
Before receiving a commission, every person appointed chief
deputy under section 383, or appointed a deputy under section
381, shall give bond to the Treasurer of State with at least 3
sufficient sureties, or with the bond of a surety company
authorized to do business in this State as surety, in the sum
required by the county commissioners of that county, conditioned
for the faithful performance of the duties of that office. The
bond of the chief deputy must be filed and approved in the same
manner as is required for the bond of a sheriff under section
372, subsection 2, and all of that subsection applies to these
bonds. The county may furnish a bond for all full-time and part-
time deputies that complies with this section. That bond must be
recorded in the county records and delivered to the State Auditor
to be filed. Surety and fidelity insurance coverage provided by
a public sector self-funded risk pool organized pursuant to
section 2253 in a sum equal to or exceeding the sum required by
this section is deemed to comply with the requirements of this
section.

 
SUMMARY

 
This bill allows for surety and fidelity insurance coverage
provided by a public sector self-funded risk pool organized
pursuant to the Maine Revised Statutes, Title 30-A, section 2253,
in sums equal to exceeding those required by law to be
substituted for a bond in meeting the statutory bond requirements
for county treasurers, sheriffs and chief deputies. It also
removes the requirement that the bond be filed with the State
Auditor.


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