§ 2049 Employee Bonding Requirements

• •The school board can make employees or officers get a special kind of insurance called a bond.
• •The school district pays for this insurance, not the employee.
• •This rule has been in place since 2003.

A school principal is in charge of handling a lot of money for school activities.

The school board might ask the principal to get a bond, which is like insurance. If something happens to the money, the bond helps cover the loss. The school pays for this bond, not the principal.