A fidelity bond for those persons, including the county chair, whose responsibilities include the receipt and/or expenditure of primary funds may be purchased from primary funds. The amount of the bond is based upon the anticipated total amount of money the employee is expected to handle for the period beginning December 1 before the primary elections and ending the last day of the month in which the final primary election (either general or runoff) is held. The maximum anticipated amount of money handled by any such employee for purposes of determining the cost of the bond shall be $50,000.

Source Note:The provisions of this §81.109 adopted to be effective November 3, 1997, 22 TexReg 10502.