Okla. Stat. tit. 70, § 70-17-111
This is the official text of Okla. Stat. tit. 70, § 70-17-111, part of Oklahoma’s Stat. tit. 70, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 70,." Browse the sections below, each linked to its official government source.
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Official bonds
Official statutory text
The Treasurer of the State of Oklahoma shall upon becoming
custodian of the Teachers' Retirement Fund, give a bond in the sum
of Fifty Thousand Dollars ($50,000.00); the Executive Director shall
give bond in the sum of Twenty-five Thousand Dollars ($25,000.00);
and the Board of Trustees shall require any other employees and
members of the Board of Trustees to give bond in such amounts as the
Board may deem necessary, conditioned that said bonded persons will
Oklahoma Statutes - Title 70. Schools Page 762
faithfully execute the duties of the respective offices. All bonds
shall be made with a good and solvent surety company, authorized to
do business in the State of Oklahoma; said bonds shall be made
payable to the Board of Trustees and shall be approved by it and the
Attorney General of Oklahoma. All expense necessary and incident to
the execution of such bonds, including premiums thereon, shall be
paid by the Board of Trustees from the Expense Fund.
custodian of the Teachers' Retirement Fund, give a bond in the sum
of Fifty Thousand Dollars ($50,000.00); the Executive Director shall
give bond in the sum of Twenty-five Thousand Dollars ($25,000.00);
and the Board of Trustees shall require any other employees and
members of the Board of Trustees to give bond in such amounts as the
Board may deem necessary, conditioned that said bonded persons will
Oklahoma Statutes - Title 70. Schools Page 762
faithfully execute the duties of the respective offices. All bonds
shall be made with a good and solvent surety company, authorized to
do business in the State of Oklahoma; said bonds shall be made
payable to the Board of Trustees and shall be approved by it and the
Attorney General of Oklahoma. All expense necessary and incident to
the execution of such bonds, including premiums thereon, shall be
paid by the Board of Trustees from the Expense Fund.
Status: in_force · Read it on the official government site
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