Georgia Public Officials Bond

GeorgiaA new law named SB 467 was introduced relating to public officials in the state of Georgia. Effective on July 1, 2008, SB 467 provides for a county manager in Upson County. The manager is asked to obtain a surety bond for the truthful performance of their duties in an amount no less than $50,000. The County Board of Commissioners will establish the bond amount required. The surety bonds purpose is to protect against corruption, malfeasance, misappropriation, or unlawful expenditure and would have to be issued by a surety company that is licensed and able to do business in Upson County.