HB 1182, a new law introduced on 02/13/2008, has implemented a county manager in the state of Georgia. HB 1182 produced a county manager for Toombs County who is now required to obtain a surety bond from a licensed surety company able to do business in Toombs County. The surety bond will be an amount determined by the Toombs County Board of Commissioners; although it can not be less than $100,000. The surety bond is for the truthful performance of the manager’s responsibilities and would secure against dishonesty, malfeasance, misappropriation, or unlawful expenditure.
Georgia County Manager’s Bond
December 20, 2009 by Eric Weisbrot
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Category: Commercial Bonds, Surety News
Tags: bond requirements, County Manager's Bond, GA, Georgia, legislation, Public, public official bond, surety bond
Surety Bond Blog: Georgia County Manager’s Bond http://www.jwsuretybonds.com/blog/georgia-county-managers-bond
Comment by JW_Surety_Bonds (Michael Weisbrot) — December 20, 2009 @ 4:20 pm