(A) When bonding of county officials or employees is statutorily required, the governing body of a county may purchase a fidelity bond to cover all or a portion of the county officials and employees. A fidelity bond may be used instead of specific statutory bond requirements including, but not limited to, those found in Sections 12-39-10, 12-45-10, 14-17-40, 14-17-60, 14-17-350, 14-23-1050, 17-5-20, 17-5-70, 22-1-150, 22-1-160, 23-11-30, and 23-13-20. Any officials or employees not covered by a fidelity bond must be bonded as required by statute.
(B) The purchase of a fidelity bond as provided in subsection (A) or the replacement of an existing bond with a fidelity bond covering one or more county officials or employees must be evidenced by passage of a resolution by the county's governing body. A fidelity bond must meet or exceed the minimum value of the bond required by the statute or statutes for the covered officials or employees.
HISTORY: 2005 Act No. 58, Section 1, eff May 16, 2005.
Structure South Carolina Code of Laws
Section 4-11-10. Time for commencement of terms of county officers.
Section 4-11-30. Recommendation of certain legislative delegations as to appointment; procedures.
Section 4-11-40. Removing county officer; filling vacancy.
Section 4-11-50. Each county shall have farm and home demonstration agents.
Section 4-11-65. Purchase of fidelity bond for certain officials.
Section 4-11-70. County officers shall transmit copies of financial records to certain persons.
Section 4-11-80. County supervisor shall keep account of county officers' financial records.
Section 4-11-90. Repealed by 1992 Act No. 264, Section 2, eff February 19, 1992.
Section 4-11-110. Subsequent claim of transferred funds by owner.
Section 4-11-120. County officers shall keep accounts of transferred funds.
Section 4-11-150. Consequences of failure to remit funds.
Section 4-11-160. Charging off of losses in county offices with approval of county council.
Section 4-11-170. Extra allowance to salaried officers forbidden.
Section 4-11-265. Budget authority of governing body of special purpose district; referenda.
Section 4-11-290. Dissolution of special purpose districts; procedures; disposition of assets.