Acts and Regulations

M-22 - Municipalities Act

Full text
Bonding of employees and officers
84(1)Each municipality by by-law shall provide for the annual bonding of the officers and employees listed in the by-law.
84(2)Repealed: 2008, c.44, s.2
84(3)The municipality shall pay the premiums in respect of bonds given under this section.
84(4)The council shall
(a) at a meeting held not later than the fifteenth day of February in each year with respect to officers who continue in office from year to year, and
(b) at the first meeting after his appointment with respect to a newly appointed officer,
require the production before it of every bond required under this section.
84(5)The municipality shall provide for the safe keeping of bonds in a place where they are available for inspection by the auditor.
84(6)The auditor in his annual report shall include such information respecting bonds as is prescribed by regulation.
1966, c.20, s.85; 2008, c.44, s.2
Bonding of employees and officers
84(1)Each municipality by by-law shall provide for the annual bonding of the officers and employees listed in the by-law.
84(2)Each bond required under this section shall be issued by a company approved by the Lieutenant-Governor in Council under section 5 of the Surety Bonds Act.
84(3)The municipality shall pay the premiums in respect of bonds given under this section.
84(4)The council shall
(a) at a meeting held not later than the fifteenth day of February in each year with respect to officers who continue in office from year to year, and
(b) at the first meeting after his appointment with respect to a newly appointed officer,
require the production before it of every bond required under this section.
84(5)The municipality shall provide for the safe keeping of bonds in a place where they are available for inspection by the auditor.
84(6)The auditor in his annual report shall include such information respecting bonds as is prescribed by regulation.
1966, c.20, s.85