33-4-311. Bonds of officers. The treasurer and secretary of an insurer shall each give bonds to the insurer for the faithful performance of their duties, in such amount as is designated by the board of directors. Any such bond shall be one issued by an authorized corporate surety.

     History: En. Sec. 497, Ch. 286, L. 1959; R.C.M. 1947, 40-4830.