§ 2-345. Bond required generally.

The county trustee charged with the collection of state and county revenues, taxes, funds and moneys, shall, at the time of his qualification, enter into the following bonds, with approved sureties to the satisfaction of the county mayor, payable to the state, as follows: a bond in a penalty to be fixed by the board of county commissioners, in an amount not less than one-fourth of the state taxes to be collected by him in the county for the ensuing year, conditioned for the faithful collection and payment to the treasurer of the state of all state revenues, school taxes, fines, penalties, forfeitures, and all other state funds and moneys collected by such trustee or which ought to be collected by him during his term of office, and conditioned faithfully to perform and discharge all the duties of his office in that behalf; and also a bond in a penalty to be fixed by the board of county commissioners, conditioned for the collection of and accounting to the proper authorities for all county revenues, school taxes, sinking funds, fines, penalties, forfeitures, and all other county funds and moneys of whatever nature collected by him or which should be collected by him during his term of office, and conditioned faithfully to perform and discharge all of the duties of his office in that behalf.

(Code 1992, § 8-2; Priv. Acts 1913, ch. 74, § 1)

Note— The penalty amount of the bond was originally one-fourth of the amount of state taxes collected. This was amended to a fixed amount of $100,000.00 by ch. 202, Priv. Acts 1933. The section was amended by ch. 512, Priv. Acts 1947 to provide that the county court will set the amount, but not less than one-fourth of the amount of state taxes, ch. 74, Priv. Acts 1913 is amended by these two acts.