§ 11-14-03 — Additional bond may be required of treasurer

Whenever the county treasurer has furnished a bond by personal sureties or by a surety
company, the board of county commissioners may require the treasurer to give an additional
bond, or additional sureties if, in the opinion of a majority of the commissioners, the existing
security shall have become insufficient. The board may demand and receive from the county
treasurer an additional bond, with good and sufficient security, in such sum as it may direct,
whenever, in its opinion, more money shall have passed or is about to pass into the hands of
the treasurer than is covered by the penalty in the previous bond. The giving of an additional
bond or of additional sureties on an existing bond shall not invalidate any previous bond or
bonds, nor discharge the sureties from any liability thereon.