The penalty of the bond of the Auditor of Public Accounts shall be fixed by the Governor, which shall not be less than $ 5,000. Such of the employees in the office of the Auditor of Public Accounts as, in the opinion of the Governor, shall be bonded, and the penalties of such bonds, respectively, shall be fixed by the Auditor of Public Accounts, subject to the approval of the Governor. The premiums on such bonds shall be paid out of the state treasury.

History

Code 1950, § 2-126; 1966, c. 677, § 2.1-154; 2001, c. 844.