Bonding of Officers and Employees

Effective February 1, 1984, all officers and employees of the government of Guam who serve as certifying and/or disbursing officers or who handle public funds in any manner whatsoever shall be properly bonded against any loss of money or other property which the said government of Guam shall sustain through any negligent, fraudulent or dishonest act or acts committed by any of such employees, acting alone or in collusion with others. SOURCE: GC § 6260, as added by P.L. 12-34, amended by P.L. 15-125 and further amended by P.L. 17-26.