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The director shall give, for the faithful performance of the duties of his office, a bond in the sum of five thousand dollars, with security, in favor of the governor for the benefit of the people.  Each employee of the commission other than the director likewise shall give a bond, with security, in the sum of one thousand dollars.  In case of forfeiture of any bond and recovery thereon, the amount recovered shall be placed in the general fund of the commission.  However, pursuant to the provisions of La. Rev. Stat. 42:206, the commission shall be authorized to pay the premium on any such bond required to be given in favor of the state by the director or any employee of the commission.  

Amended by Acts 1974, No. 717, §1.