§ 2527. Official undertakings. The clerk of the board of education or,
where the office of claims auditor or deputy claims auditor has been
created, the claims auditor or deputy claims auditor, and the treasurer,
collector and such other officers and employees as the board of
education shall designate, shall, before they enter upon the duties of
their respective offices or positions, each execute to the school
district and file with the school district clerk an official undertaking
in such sum and with such corporate surety as the board of education
shall direct and approve. The board of education may, at any time,
require any such officer or employee to file a new official undertaking
for such sum and with such corporate surety as the board shall approve.
Such undertakings as shall have been approved by the board of education
shall forthwith be filed with the school district clerk. The expense of
any undertaking executed pursuant to this section shall be a school
district charge.