N.Y. Cooperative Corporations Law Section 65
Officers and employees to be bonded

Before handling funds or securities of the corporation, amounting to one thousand dollars or more in any one year, the officer or employee shall be covered by an adequate bond to be approved by the board of directors.

Source: Section 65 — Officers and employees to be bonded, https://www.­nysenate.­gov/legislation/laws/CCO/65 (updated Sep. 22, 2014; accessed Jun. 21, 2025).

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Verified:
Jun. 21, 2025

Last modified:
Sep. 22, 2014

§ 65. Officers & employees to be bonded's source at nysenate​.gov

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