ยง 2527. Official undertakings. The clerk of the board of education or,
  where  the  office  of  claims auditor or deputy claims auditor has been
  created, the claims auditor or deputy claims auditor, and the treasurer,
  collector and  such  other  officers  and  employees  as  the  board  of
  education  shall  designate, shall, before they enter upon the duties of
  their respective offices  or  positions,  each  execute  to  the  school
  district and file with the school district clerk an official undertaking
  in  such  sum  and  with such corporate surety as the board of education
  shall direct and approve. The board  of  education  may,  at  any  time,
  require  any such officer or employee to file a new official undertaking
  for such sum and with such corporate surety as the board shall  approve.
  Such  undertakings as shall have been approved by the board of education
  shall forthwith be filed with the school district clerk. The expense  of
  any  undertaking  executed  pursuant  to  this section shall be a school
  district charge.
Structure New York Laws
Title 2 - School District Organization
2501 - Application of Article.
2503 - Powers and Duties of Board of Education.
2503-A - Powers of Boards of Education to Ban Fraternities, Sororities and Other Secret Societies.
2504 - Meetings of Board of Education.
2507 - Superintendent of Schools; Associate Superintendents.
2508 - Powers and Duties of Superintendent of Schools.
2509 - Appointment of Assistant and Other Superintendents, Teachers and Other Employees.
2510 - Abolition of Office or Position.
2511 - Purchase and Sale of Real and Personal Property.
2513 - Contracts; Advertisement for Bids.
2514 - Kindergartens, Nursery and Night Schools.
2519 - Adoption of Budget; Publication of Changes; Appropriations.
2522 - General Budgetary Controls; Lapse of Appropriations.
2523 - Moneys; Custody and Disbursement.