50-5A-2. State treasurer required to give bond; conditions.

Active

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

The state treasurer shall post bond to the state in the sum of $200,000.00 with a bonding company duly licensed to do business in the state and approved by the Governor, the annual premium of the bond to be paid from funds appropriated to the Office of the State Treasurer. The bond shall be conditioned as follows:
(1)
That the state treasurer faithfully discharge, execute, and perform all and singular the duties required of him or her by virtue of the office and the Constitution and laws of this state;#
(2)
That the state treasurer faithfully account for and pay over all state moneys received by him or her from time to time by virtue of the office; and#
(3)
That the state treasurer safely deliver to his or her successor all records, moneys, vouchers, accounts, and effects whatsoever belonging to the office.#

The notes below are printed with the section but are not enacted law (O.C.G.A. § 1-1-1(c)). They are shown apart from the text.

History

Orig. Code 1863, § 87; Code 1868, § 84; Code 1873, § 90; Ga. L. 1876, p. 126, §§ 2, 4; Code 1882, §§ 90, 91b; Civil Code 1895, §§ 188, 190; Civil Code 1910, §§ 217, 219; Ga. L. 1919, p. 383, § 3; Code 1933, § 40-1001; Ga. L. 1972, p. 1015, §§ 408, 408B, 2102, 2104; Code 1981, § 50-5-3; Ga. L. 1982, p. 843, § 1; Code 1981, § 50-5A-2, as redesignated by Ga. L. 1993, p. 1402, § 2; Ga. L. 2010, p. 863, § 1/SB 296.

Cross references

Official bonds generally, § 45-4-1 et seq.

Read the official page (the state's PDF, opened at the page this text was read from).

Current through: Including Acts of the 2025 Regular Session of the General Assembly.

Text read from t49-t50-ch1-12-(v38)-2023-pdf.pdf, Volume V38, 2023 edition, pages 613 to 614; merge action: carried; file SHA-256 b1a50b0e3917.

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