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Home » US Law » 2019 US Virgin Islands Code » Title 3 - Executive » Chapter 31 - Bonds of Public Officers

§ 841. Bonding of officers and employees; designation

(a) All officers and employees of the Government of the United States Virgin Islands who serve as certifying and/or disbursing officers or who handle public funds in any manner whatsoever shall be properly bonded for the faithful performance of their duties. (b) Such officers and employees shall be designated by the head of the department […]

§ 842. Amount of bond determined

The amount of the bond for each officer and employee of the Government of the United States Virgin Islands covered by this chapter, shall be determined by the Commissioner of Finance, with the approval of the Governor, except that the amount of the bond for officers and employees of the Bureau of Internal Revenue shall […]

§ 843. Filing and approval of bonds; register of bonds

(a) Every bond required by virtue of this chapter, shall be filed in the office of the Commissioner of Finance who shall approve such bonds as to form and execution. (b) A proper register of such bonds shall be kept in the office of the Commissioner of Finance.

§ 844. Payment of premiums

(a) Funds shall be appropriated in the annual budget of the Government of the United States Virgin Islands to pay the cost of premiums covering bonds required by virtue of this chapter. (b) Funds shall also be appropriated in the annual budget of the Government of the United States Virgin Islands to pay the cost […]