309. The Regional Government may require of any person employed by it as treasurer such security as it may deem necessary.
Such security shall be a guarantee of the faithful performance of the duties of the treasurer, of his accounting for and paying over all public and other moneys entrusted to him or under his control to the persons authorized or entitled to receive the same; of his faithful performance of the obligations imposed upon him; and of the payment of damages for any injury occasioned to any person through his negligence, misconduct or malversation.
1978, c. 87, s. 309; 1999, c. 40, s. 331.