2006 New York Code - Collector\'s Official Undertaking In Common School District.

 
    § 2124. Collector's  official  undertaking  in common school district.
  1. It shall be the duty of  the  collector,  before  entering  upon  the
  discharge  of  his  duties to execute and deliver to the trustees of the
  district, his official undertaking,  with  a  corporate  surety,  to  be
  approved   by   a   majority   of  the  trustees  and  by  the  district
  superintendent of schools, in such amount as the district meeting  shall
  have  fixed,  or if such meeting shall not have fixed the amount then in
  such  amount  as  the  trustees  with  the  approval  of  the   district
  superintendent of schools shall deem reasonable, conditioned for the due
  and  faithful  execution  of the duties of his office and for the proper
  accounting for all moneys that may come into the hands of such collector
  from any source whatsoever.
    2. The trustees, upon receiving said official undertaking,  shall,  if
  they  approve  thereof,  adopt  a  resolution to that effect, and if the
  district superintendent  also  approve  thereof  he  shall  indorse  his
  approval  thereon, whereupon the trustees or the district superintendent
  shall forthwith file the same  with  the  clerk  of  the  district.  The
  expense  of any undertaking executed pursuant to this section shall be a
  school district charge.