TITLE
Title
RECEIVE AND APPROVE ANNUAL BOND REPORT AS REQUIRED BY N.C.G.S 162-9 AND N.C.G.S 159-29
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SPONSOR
Sponsor
Matthew Mason (Matthew Turcola)
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BACKGROUND
Background
Each year, the Board of Commissioners reviews and approves the required faithful bonds for the following statutorily required positions: Sheriff and Register of Deeds. Attached are bond reports for review.
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REQUESTED ACTION
Requested Action
In accordance with NC General Statutes, approve and fix bond rates as follows:
For the County Sheriff, fix amount of bond at $25,000 and accept bond issued by Traveler's Casualty and Surety Company of America in that amount with the original bond to be deposited with the Clerk of Superior Court and with the bond to also be registered with the Register of Deeds; and for the Register of Deeds, fix amount of bond at $50,000 and accept bond issued by Traveler's Casualty and Surety Company of America.
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