Sec. 5.
The treasurer and all other agents, when required by the trustees, shall, before entering upon the duties of their office, give bonds in such penal sum as the board of trustees may require for the security of any funds coming into their hands and to secure the carrying out of any authority given them.
History: Add. 1955, Act 50, Imd. Eff. Apr. 29, 1955 Compiler's Notes: Former section 5 of the Territorial Laws, Vol. III, was repealed by Act 50 of 1955.
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Territorial Laws of 1833, Vol. III - Kalamazoo College (390.751 - 390.761)
Section 390.751 - Kalamazoo College; Board of Trustees, Officers.
Section 390.752 - Business and Object of Corporation; College Independent and Autonomous.
Section 390.754 - President; Appointment, Election, or Removal.
Section 390.755 - Treasurer, Agents, Bonds.
Section 390.756 - Kalamazoo College Open to All Religious Persuasions and Identities.
Section 390.757 - Fiscal Affairs; Restricted Donations; Conveyances.
Section 390.758 - Inspection by Legislature of College.
Section 390.759 - Honors and Degrees; Earned Degrees.