2019 US Virgin Islands Code
Title 22 - Insurance
Chapter 3 - Insurance Commissioner
§ 52. Bonding of Commissioner
Universal Citation: V.I. Code tit. 22, § 52 (2019)
The Commissioner shall be bonded, with a good and sufficient surety, to be approved by the Governor, in an amount not less than $5,000 conditioned that he faithfully account for and dispose of any funds received into his custody or control as Commissioner, in accordance with applicable law. The premiums on such fidelity bond shall be paid by the Government of the Virgin Islands.
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