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Statutes > New York Laws > CCO - Cooperative Corporations > Article 4 - (60 - 65) DIRECTORS, OFFICERS AND EMPLOYEES > 65 - Officers and employees to be bonded.

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NEW YORK STATUTES AND CODES

65 - Officers and employees to be bonded.

§ 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.

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