Minnesota Statutes 383B.15 – Bonds
Current as of: 2023 | Check for updates
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Subdivision 1.Employees.
All persons authorized to make purchases and agreements on behalf of the county shall be bonded in an amount fixed by the county board for the protection of the county. The bonds shall be approved and filed in the manner as are official bonds of county officers.
Subd. 2.Contractors.
Terms Used In Minnesota Statutes 383B.15
- Contract: A legal written agreement that becomes binding when signed.
Terms Used In Minnesota Statutes 383B.15
- Contract: A legal written agreement that becomes binding when signed.
The successful bidder under the competitive bidding provisions shall at the time of execution of the contract provide the county with a bond or bonds conditioned as required by law. The county administrator may waive a bond or bonds, at discretion, on deciding that the bond or bonds are not reasonable or necessary for the protection of the county.