United States — Nebraska
§ 11-104. Bonds or insurance coverage; municipal officers; form.
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Municipal officers and related officers’ bonds may be replaced by certain bond or insurance coverage, and the municipality may pay the premium.
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35,870 statutes · page 10 of 1,794
United States — Nebraska
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Municipal officers and related officers’ bonds may be replaced by certain bond or insurance coverage, and the municipality may pay the premium.
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Certain officers must file official bonds, with the oath endorsed, in the proper office by the stated deadline; county officers in some counties instead file oaths before their term begins.
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Official bonds for most state and district officers must be approved by the Governor and filed and recorded with the Secretary of State; the Governor’s bond is approved by the Chief Justice, and the Secretary of State’s bond is filed and recorded with the Director of Administrative Services.
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County and township officers’ official bonds must be approved by the county board, with specified exceptions, and must be filed and recorded in the designated county office.
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A state officer’s official bond must be signed by the officer and at least three resident sureties, or may instead use qualifying surety companies.
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Official bonds for county, precinct, and other local officers must be signed by the named principal and at least two sufficient county freeholders, or may instead be signed by the officer and certain surety companies.
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Officers who file official bonds must record and preserve them, and provide certified copies when requested, under seal.
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Each official bond must be endorsed as approved by the approving officer before it can be filed and recorded.
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Official bonds must bind the principal and sureties to the principal’s lawful duties.
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An official bond is not void just because of an informality or irregularity in how it was executed or approved.
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State or county officers, their deputies, and practicing attorneys cannot be accepted as security or surety on certain bonds.
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People elected or appointed to office must timely file their official bond, and the filing officer must immediately order them to show cause if they do not.
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A person appointed to fill a vacancy must give the required bond before starting the office duties.
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An incumbent who is reelected, reappointed, or holds over must qualify by taking the oath and giving the required bond; if the officer handled public funds or property, the bond cannot be approved until those funds or property are fully accounted for.
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A person may not serve as surety for the same officer for more than two successive terms, but incorporated surety companies are excluded.
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Named officers must give bonds in the amounts set by this provision, with some amounts fixed and others varying by county population or by a board or official.
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People handling Nebraska state or county funds must be covered by a bond or equivalent commercial insurance policy, and the bond must be filed before money is paid out.
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The county board may require a county treasurer to provide extra surety or an additional bond, and the treasurer must comply if required.
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A qualifying corporation may act as surety on certain bonds or undertakings if it has at least $100,000 paid-up capital, charter power to guarantee fidelity, and approval from the proper authority.
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A corporation that does not pay a covered fine, judgment, or decree within 90 days, without appeal or similar review being taken, loses the right to do business in the state until it pays in full.