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State Statutes - Idaho - Title 59 - Chapter 8 - 59-803
Idaho Statutes
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59-803 - SURETY BOND REQUIRED
(1) With the advice of the head of each
agency, and taking into consideration employee duties and responsibilities,
the administrator shall designate individually or by class the employees
required to give official bond to the state and the amount of the bond
required for each individual or class.
(2) If some other law sets forth an amount in which an employee is to be
bonded, the administrator shall procure a bond in at least the amount set
forth in such law, but may require a bond in a greater amount than as set
forth in such law if he determines, in accordance with the procedures set
forth in subsection (1) above, that it would be in the best interest of the
state to require a bond in a greater amount.
(3) The premium on the official surety bonds procured by the
administrator in accordance with subsections (1) and (2) above shall be paid
from funds appropriated or available for the employer or agency in the manner
prescribed in section 41-3503, Idaho Code.
(4) The administrator shall procure all official bonds for employees, and
shall, by negotiations or otherwise, endeavor to purchase the best coverage
which can be obtained for the least cost.
 
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