Statute · New York Cooperative Corporations Law
N.Y. Coop. Corp. Law § 65 — Officers and employees to be bonded
N.Y. Coop. Corp. Law § 65
- Type
- Statute
- Source
- New York Cooperative Corporations Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 65. Officers and employees to be bonded. Before handling funds or securities of the corporation, amounting to one thousand dollars or more in any one year, the officer or employee shall be covered by an adequate bond to be approved by the board of directors.
Citator
N.Y. Coop. Corp. Law § 65 — Officers and employees to be bonded is in force in the current edition of the Code, and nothing recorded condemns it.
§ 65. Officers and employees to be bonded. Before handling funds or securities of the corporation, amounting to one thousand dollars or more in any one year, the officer or employee shall be covered by an adequate bond to be approved by the board of directors.