County and city boards of education are hereby authorized to require county and city public school principals and such other persons as may be charged with the custody and responsibility for handling public school funds to give bond in an amount to be fixed by the county or city board of education, as the case may be, in a reputable surety company authorized to do business in Alabama, conditioned upon the faithful performance of the duties of their office and upon the accounting and paying over to the proper authority of all such public school funds coming into their hands.
Structure Code of Alabama
Chapter 13 - School Finances Generally.
Article 1 - General Provisions.
Section 16-13-1 - Fiscal Year.
Section 16-13-4 - Diversion of Funds; Payment of Debt Obligations.
Section 16-13-5 - Federal Grants, Appropriations, Etc. - Acceptance.
Section 16-13-7 - Appropriation of Federal Government Funds to Foundation Program Fund.
Section 16-13-8 - Bonding of Persons Handling Public School Funds Generally - Authority to Require.
Section 16-13-9 - Bonding of Persons Handling Public School Funds Generally - Payment of Premiums.
Section 16-13-10 - Custodian of School Funds - Payment of Payrolls.
Section 16-13-11 - Custodian of School Funds - Vouchers Required.
Section 16-13-12 - Custodian of School Funds - Removal.