Rhode Island Statutes

§ 7-8-29 — § 7-8-29. Bonding of officers and employees.

Rhode Island·Title 7 Corporations, Associations and Partnerships·Ch. 7-8 Consumers’ Cooperatives

§ 7-8-29. Bonding of officers and employees.

Every individual acting as officer or employee of an association, and handling funds or securities amounting to one thousand dollars ($1,000) or more in any one year, shall be covered by an adequate bond as determined by the board of directors, and at the expense of the association.

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Rhode Island § 7-8-29 (§ 7-8-29. Bonding of officers and employees.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

P.L. 1947, ch. 1976, § 25; G.L. 1956, § 7-8-29.

Nearby Sections

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