45-8-5
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45-8-5.
The
amount of the bonds of collecting officers and officers to hold public funds
shall be in the amount fixed by the proper authority, unless the amount is fixed
by existing general laws, and shall be approved by the proper authority and
filed as required by law. Except as otherwise provided in this Code section, the
proper authority to fix the amount of bonds and to approve the same is the
officer or officers upon whom those duties are imposed by existing laws. Where
the law does not designate what officer shall perform these duties, the proper
authority shall be the officer, board, bureau, or commission having supervision
over the particular office or officer. Municipality or county authorities shall
be deemed the proper authorities as to fixing the amount and approving bonds of
municipality or county treasurers and those acting as substitutes for
municipality or county treasurers under local laws and as to all other
collecting officers and officers holding public funds, so far as relates to
municipality or county taxes or revenue, and shall be deemed the proper
authority as to requiring additional bonds or strengthening security on bonds,
as to allowing reduction or substitution of bonds, and as to discharging bonds
from future liability, so far as relates to such officers.