Earlier editions: 2020-112018-112026-09
TITLE 2. ELEMENTARY AND SECONDARY EDUCATION 33000-65001›DIVISION 3. LOCAL ADMINISTRATION 35000-45500›PART 24. SCHOOL FINANCE 41000-43052›CHAPTER 1. State Financial Management and Control 41000-41060›ARTICLE 2. Accounting Regulations, Budget Controls and Audits 41010-41024
§ 41021
California Education Code · 2026-10 edition · updated 2026-10-04 · California
The governing board of every school district shall require each employee of the district, whose duty it is to handle funds of the district, and may, in its discretion, require employees of the district, whose duty it is to handle property of the district, to be bonded under a suitable bond indemnifying the district against loss. Such bond may be a name schedule bond, schedule position bond or blanket bond, and shall be in such amount and type as the board shall consider necessary and desirable. The boards shall pay from the funds of the district the cost of the premium necessary to provide the bond.
(Enacted by Stats. 1976, Ch. 1010.)
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