46-535. Directors; bond required.
45 words·~1 min read·
/ne/chapter-46/46-535A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Each director shall furnish a corporate surety bond at the expense of the district in the sum of ten thousand dollars to be approved by the Secretary of State and filed in his office, conditioned for the faithful performance of his duties as such director.