Statutes > Arkansas Statutes > Title 14 - Local Government > Subtitle 3 - Municipal Government > Chapter 58 - Fiscal Affairs Of Cities And Incorporated Towns > Subchapter 3 - Cities of the First Class Generally > § 14-58-308 - Bonds of officers and employees.

§ 14-58-308 - Bonds of officers and employees.

14-58-308. Bonds of officers and employees.

(a) All officers and employees of a city of the first class handling financial matters for the city shall furnish a fidelity bond in such amount, on such form, and with such security as may be approved by the municipal governing body.

(b) The premiums on these bonds shall be paid by the city.