§ 103. Official bonds.

Latest version.

Each officer and employee of the City of Tulsa required to give an official bond shall execute the bond on such forms and in such sums as the Council may require except as otherwise provided by the Charter of the City of Tulsa. Such bonds shall be executed by a corporate surety authorized to do business in the state of Oklahoma, shall be in favor of the City of Tulsa and shall be conditioned to secure the faithful discharge of the official duties of the person and to lawfully account for all funds and property of the City coming into the possession of the person. It shall be the duty of the person to keep such bonds in good standing. The City of Tulsa shall pay all premiums on such bonds.

                    
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