Maine Statutes
§ 20-A §6907 — Liability of officers, directors and employees
Maine·Title 20-A EDUCATION·Part 3 ELEMENTARY AND SECONDARY EDUCATION·Ch. 226 JOBS FOR MAINE'S GRADUATES
All officers, directors, employees and other agents of the corporation entrusted with the custody of the securities of the corporation or authorized to disburse the funds of the corporation must be bonded, either by a blanket bond or by individual bonds, with a surety bond or bonds with a minimum limitation of $100,000 coverage for each person covered, conditioned upon the faithful performance of duties, the premiums for which are paid out of the assets of the corporation.
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Maine § 20-A §6907 (Liability of officers, directors and employees) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
PL 1993, c. 348, §1 (NEW).
Nearby Sections
15
§ 20 §1
Department§ 20 §1-A
Department, commissioner§ 20 §1-B
Department; organization§ 20 §101
Appointment; salary§ 20 §1011
Programs established§ 20 §1012
Directors; qualifications; duties§ 20 §1014
Duty of parents; neglect§ 20 §1015
Weapons§ 20 §102
Duties§ 20 §103
Office§ 20 §104
Blanks for school returns§ 20 §105
Appointment of supervisors