N.Y. EDN Law § 3709
This is the official text of N.Y. EDN Law § 3709, part of New York’s EDN Law — part of the compiled statutory law of New York, published by the state as "EDN Law." Browse the sections below, each linked to its official government source.
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Penalties of certain bonds
Official statutory text
§ 3709. Penalties of certain bonds. Whenever a school district\nofficer is required to furnish a bond under the provisions of section\nthirty-seven hundred eight in the penalty of double the amount of moneys\napportioned or to be received, and such district officer furnishes the\nbond of a surety or bonding company authorized by law to transact\nbusiness in this state and to execute such bond, the penalty thereof may\nbe fixed at the amount of moneys so apportioned or to be received, in\nlieu of the double penalty prescribed in such section.\n
Status: in_force · Read it on the official government site
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