(a) All officers and employees of a city of the first class handling financial matters for the city shall furnish a fidelity bond in such amount, on such form, and with such security as may be approved by the municipal governing body.
(b) The premiums on these bonds shall be paid by the city.
Structure Arkansas Code
Subtitle 3 - Municipal Government
Chapter 58 - Fiscal Affairs of Cities and Incorporated Towns
Subchapter 3 - Cities of the First Class Generally
§ 14-58-301. Administration of provisions
§ 14-58-302. Annual report by mayor
§ 14-58-303. Purchases and contracts generally
§ 14-58-304. Purchase of insurance