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The Florida Senate

1997 Florida Statutes

561.051  Bond of director and employees.--

(1)  The director of the division shall furnish a surety bond by a surety company authorized to do business in this state in the sum of $100,000, payable to the Governor and to be approved by the Comptroller, conditioned upon the faithful performance of his or her duties. He or she shall promptly report and remit to the Treasurer all taxes and fees collected by him or her hereunder and shall send a copy of the reports to the Comptroller.

(2)  All employees and assistants of the division shall be covered by a blanket bond in such amount as determined by the director, conditioned upon the faithful performance of their duties, payable to the state for the use and benefit of the division.

(3)  The premiums on the bond of the director and the blanket bond covering all employees and assistants of the division, as herein provided, shall be paid by the state.

History.--s. 1, ch. 72-230; s. 15, ch. 79-11; s. 839, ch. 97-103.