Bonds.

The trustees shall qualify by giving a bond in the sum of not less than one thousand dollars or more than five thousand dollars each, conditioned for the faithful discharge of their duties, said bond to be fixed and approved by the auditor of the county, and if more than one, then of the county in which the greater acreage of the district is located. [SS15, §1989-a52f, -a71; C24, 27, 31, 35, 39, § 7698; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §462.25 ] 89 Acts, ch 126, §2 CS89, §468.524