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Bonds

 

Section   20.3.3 - 20.3.8
Revised   05-01-12    


BONDS OR BLANKET CRIME POLICY FOR EMPLOYEE DISHONESTY     20.3.3

Bonds or blanket crime policy provide coverage for claims due to employee dishonesty such as theft or fraud.


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PUBLIC EMPLOYEE DISHONESTY BLANKET (CRIME POLICY)     20.3.4

The District carries a blanket crime policy, which provides coverage for all DCCCD employees except those required by law to be individually bonded.

A.   Limits and Deductible

Limits: $500,000 per loss

Deductible: $25,000

B.  Claims Reference Section 20.2.0 for standard procedure.

C.  Responsibilities of District Risk Management During the renewal period

District Risk Management  will provide information on employees and their job classifications to the insurance agent, for appropriate coverage.

D.  Charges

The initial charge is made to the Prepaid Insurance Account 11-11-000000-74200. At fiscal year end, the insurance premium is distributed to account 11-XX-107080-23721 based on the payroll expense at each location.


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NOTARY BONDS     20.3.5

DCCCD BUSINESS PROCEDURES MANUAL
TEXAS NOTARY PUBLIC

SECTION 31.0.0

A.  Bond Fee

The State of Texas establishes the bonding fee for Notary Publics of the DCCCD. Consult the insurance bonding agent or underwriter for current fees.

B.  Execution of the Bond

C.  Charges

The notary appointment fee is charged to account 11-XX-107080-23722.


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PEACE OFFICER BONDS     20.3.6

Peace Officer Bonds are no longer purchased.

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COUNTY TAX ASSESSOR/COLLECTOR BOND   20.3.7

County Tax Assessor/Collector Bond is no longer purchased.

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SURETY (TREASURER'S) BOND     20.3.8

This bond provides coverage for the services performed by the Vice Chancellor of Business Affairs in the role of treasurer for the District.

1.  Limits and Deductible

Limits: $500,000

Deductible: $0

2.  Charges

The bonding fee is charged to account 11-11-107080-23722.