(a) The following officers and employees of a local board of education shall be bonded in amounts fixed by the local board of education and approved by the State Superintendent of Education:
- (1) Local superintendents of education.
- (2) Chief school financial officers.
- (3) Any other employee of a local board handling local board of education funds as required by the board.
- (b) The Chief Education Financial Officer shall be bonded in an amount fixed by the State Superintendent of Education and approved by the State Board of Education.
- (c) A certified copy of the bond shall be filed with the State Superintendent of Education.
(Act 2006-196, p. 275, §2.)