N.J.S.A. 18A:6-58 — Secretary; compensation; term; bond

18A:6-58. Secretary; compensation; term; bond The board shall appoint a suitable person to be its secretary and shall fix his compensation and term of employment. The secretary shall before entering upon the duties of his office execute and deliver to the board a bond in a sum to be fixed by it, with surety to be approved by the board, conditioned for the faithful performance of the duties of his office. The board may accept the bond of a company authorized to execute surety bonds, and may pay the annual premium or fee for the bond as a commission expense. L.1968, c.243, s.8; amended 1989,c.254,s.8.

This is the verbatim text of N.J.S.A. 18A:6-58, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.