Utah § 52-1-13 Crime insurance as substitute for surety bond -- Requirements -- Failure to obtain and maintain crime insurance.

Utah Statutes

§ 52-1-13 — Crime insurance as substitute for surety bond -- Requirements -- Failure to obtain and maintain crime insurance.

Utah·Title 52 Public Officers·Ch. 52-1 Official Oaths and Bonds

(1)In all cases where a bond is required of a public officer in this state to ensure against malfeasance or misfeasance in office, crime insurance shall instead be obtained.

(2)Crime insurance and the amount of coverage required is subject to approval as provided by law.

(3)The several boards, courts, or officers authorized by law to approve crime insurance may require review and update of the insurance annually.

(4)Intentional failure to obtain and maintain required crime insurance is malfeasance in office and may subject the officeholder to proceedings for removal from office.

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(1) In all cases where a bond is required of a public officer in this state to ensure against malfeasance or misfeasance in office, crime insurance shall instead be obtained.
(2) Crime insurance and the amount of coverage required is subject to approval as provided by law.
(3) The several boards, courts, or officers authorized by law to approve crime insurance may require review and update of the insurance annually.
(4) Intentional failure to obtain and maintain required crime insurance is malfeasance in office and may subject the officeholder to proceedings for removal from office.

Utah § 52-1-13 (Crime insurance as substitute for surety bond -- Requirements -- Failure to obtain and maintain crime insurance.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.