65.067 Bond required of persons handling public funds -- Compliance by elected

147 words·~1 min read·/ky/65-067

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

officials and their employees.

(1)All officers, officials, and employees of cities, counties, urban-county governments,

charter county governments, a regional wastewater commission, and special

districts who handle public funds in the execution of their duties shall give a good

and sufficient bond to the local governing body for the faithful and honest

performance of his or her duties and as security for all money coming into that

person's hands or under that person's control. The bond amount shall be based upon

the maximum amount of public funds the officer, official, or employee handles at

any given time during a fiscal year cycle. The local governing body shall pay the

cost of the bond.

(2)Elected officials who post bond as required by statute, and employees of their

offices covered by a blanket or umbrella bond, shall be deemed to have complied

with subsection

(1)of this section.