NORTH CAROLINA GENERAL ASSEMBLY

1971 SESSION

 

 

CHAPTER 1095

SENATE BILL 626

 

 

AN ACT TO AMEND G.S. 115-85 TO PROVIDE THAT ALL EMPLOYEES OF PUBLIC SCHOOL ADMINISTRATIVE UNITS AUTHORIZED OR PERMITTED TO RECEIVE SCHOOL FUNDS SHALL BE BONDED ANNUALLY IN AN AMOUNT TO BE FIXED BY THE LOCAL BOARD OF EDUCATION WITH THE APPROVAL OF THE BOARD OF COUNTY COMMISSIONERS.

 

The General Assembly of North Carolina enacts:

 

Section 1.  G.S. 115-85 is amended by rewriting the first sentence in the second paragraph so that the same shall read as follows:

"Boards of education in each county and city administrative unit shall cause all persons authorized to draw or approve school checks or vouchers drawn on school funds, whether county, district, or special, and all persons who, as employees of such administrative units, are authorized or permitted to receive any school funds from whatever source, and all persons responsible for, or authorized to handle school property, to be bonded annually for the faithful discharge of their duties as to such school funds in such an amount as in the discretion of said county and city boards of education, with the approval of the Board of County Commissioners, shall be deemed sufficient for the protection of said school funds or property with surety by some surety company authorized to do business in the State of North Carolina."

Sec. 2.  This act shall become effective upon ratification.

In the General Assembly read three times and ratified, this the 21st day of July, 1971.