San Francisco County Municipal Code Art. IX Bonding of City Officers and

EMPLOYEES

Sec. 16.122. Bonds; Designated Officers; All Others. Sec. 16.123. Authorized Sureties or Insurers; Terms and Conditions of the Bond. Sec. 16.124. Approvals; Filing and Custody; Public Inspection. Sec. 16.125. Cancellation. Sec. 16.126. Applicability of State Law; Availability of Coverage. Sec. 16.127. Bonding Requirements Review.

(a) The Treasurer, Controller and Tax Collector shall be bonded by a faithful performance fidelity bond, individually or on a blanket basis, provided such coverage is commercially available at a reasonable cost, in the amount of $5,000,000, with commercially reasonable deductibles permitted. (b) All other officers and employs of the City and County shall be bonded by a blanket dishonesty bond, provided such coverage is commercially available at a reasonable cost, in the amount of $5,000,000, with commercially reasonable deductibles permitted. (c) The bonds shall be payable to the City and County. (d) The bonds shall inure to the benefit of any officer liable for the acts and omissions of officers and employees covered by the bonds and also to the benefit of the City and County. (e) The City and County and each such officer may singly or jointly bring suit on the bonds. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000)

(a) The surety or insurer of the bond shall be a duly organized corporate surety insurance company authorized to do surety business in the State in the manner provided by law. (b) The condition of the bonds shall be that each of the officers referred to in Section 16.122(a) of this Code shall faithfully and truly perform each and all duties required of that officer by law at the time the bonds are executed, and also all such additional duties as may be imposed upon or required by any existing law or laws enacted subsequently to the execution of the bond. The bonds shall be in force and obligatory upon the surety or insurer for any and all breaches of the conditions thereof. (c) The premium charged for the bonds shall be paid by the City and County. The money required to pay the premium on the bonds

shall be provided in accordance with the budget and fiscal provisions of the Charter of the City and County. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000)

(a) The bonds shall be approved as to form by the City Attorney and as to the sufficiency and solvency of the surety or insurer thereon by the Controller. (b) The bonds required under Section 16.122 shall be recorded in the office of the County Recorder, who shall charge no recording fee, and shall be filed with the Controller, who shall be the custodian thereof. (c) The bonds, and all endorsements and riders thereto, shall be available during normal business hours for public inspection. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000)

The bonds may be canceled in their entirety or as to any officer covered thereby: (1) by written notice given to the surety or insurer by the Controller of the City and County, or (2) by not less than 30 days' written notice given by the surety or insurer to the Controller of the City and County. Such cancellation notices shall be sent by registered mail. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000)

(a) As to all subject matters relating to official bonds, other than those specifically covered in this Article and the Charter, the provisions of the law of the State shall be complied with and be applicable to the bond given pursuant to the provisions of this Article. (b) The Risk Manager shall obtain such bonds on behalf of the City and County. In the event bond coverage becomes commercially unavailable in the forms prescribed, the Risk Manager shall arrange coverage substantially equal to that prescribed herein or shall advise the Board of Supervisors of its unavailability. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000)

The City’s Office of Risk Management, in consultation with the Controller and the City Attorney, shall report to the Board of Supervisors when any changes to these bonding requirements are necessary or appropriate. (Added by Ord. 69-00, File No. 000356, App. 4/28/2000; amended by Ord. 164-23, File No. 230647, App. 7/28/2023, Eff. 8/28/2023)

(Renumbered as Sec. 16.703 by Ord. 289-00, File No. 001549, App. 12/22/2000)