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