§ 24-13-125 — Official bonds - expense of premiums

Any state, county,
municipal, district, or court officer required by law to give a bond or other obligation
as such officer may include, as part of the lawful expenses of executing and
performing the duties of his office, such reasonable premium as may be charged by
a company authorized under the laws of this state so to do for becoming his surety
on such bond or obligation and such reasonable premium as may be charged by
such company for becoming surety upon the bond of any deputy, clerk, or employee
of such officer who is required by law or by such officer to give bond. Such premium
shall not exceed one-half of one percent per annum on the amount or penalty of
each bond or obligation.

Legislative History

Source: L. 19: p. 317, � 1. C.L. � 7992. CSA: C. 117, � 30. CRS 53: � 99-1-28. C.R.S. 1963: � 99-1-28.