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Policy Manual

8740 - Bonding

Employees responsible for the safekeeping of District monies and property may be required to be bonded.

The District shall be indemnified against loss of money by bonding of employees holding the positions and in the amounts determined by the School Board.

All other employees handling money may be covered under a blanket bond in an amount determined by the Board.

The Board shall bear the cost of bonding each employee required to be bonded by this policy.

F.S. 1001.42, 1010.40, 1010.41

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