County and city boards of education are hereby authorized to expend public school funds in order to pay the necessary premiums on the surety bonds authorized in Section 16-13-8 and to pay for audits of such funds. (Acts 1953, No. 66, p. 97, §2.)
Bonding of Persons Handling Public School Funds Generally - Payment of Premiums
Ala. Code § 16-13-9, under General Provisions.
Ala. Code § 16-13-9