All officers or employees of the board handling money or exercising authority over property of the municipality shall, before entering upon the discharge of their duties, give bond with some surety company authorized to do business in the State of Alabama, as surety, and payable to the municipality, to be approved by the board, in such penalty as the board may prescribe, conditioned for the faithful discharge of the duties of their offices or employment and faithfully to account for all moneys received or property coming into their possession in the capacity of their employment.
Structure Code of Alabama
Title 11 - Counties and Municipal Corporations.
Title 2 - Provisions Applicable to Municipal Corporations Only.
Chapter 50 - Public Utilities.
Article 14 - Gas Utility Boards.
Section 11-50-460 - Creation; Composition.
Section 11-50-461 - Members of Board - Qualifications.
Section 11-50-462 - Members of Board - Election and Terms of Office; Vacancies.
Section 11-50-463 - Members of Board - Oath of Office.
Section 11-50-464 - Members of Board - Impeachment and Removal.
Section 11-50-465 - Members of Board - Compensation.
Section 11-50-468 - Official Bonds of Certain Officers and Employees.
Section 11-50-469 - Powers and Duties of Board Generally.
Section 11-50-471 - Annual Report to Municipal Governing Body.
Section 11-50-473 - Maintenance and Disbursement of Funds of Board Generally.
Section 11-50-474 - Disposition of Moneys Received From Operation of Gas Distribution System.
Section 11-50-475 - Fixing of Bonds Required From Depositories.