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  • SECTION 64
    Officers
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  • ARTICLE 4
    Directors, Officers and Employees
    • Viewing most recent revision (from 2014-09-22)

    SECTION 65

    Officers and employees to be bonded

    Cooperative Corporations (CCO) CHAPTER 77, ARTICLE 4

    § 65. Officers and employees to be bonded. Before handling funds or
    securities of the corporation, amounting to one thousand dollars or more
    in any one year, the officer or employee shall be covered by an adequate
    bond to be approved by the board of directors.