450.694 Libraries; collector and treasurer, bond. Sec. 4. The treasurer and collector shall give bond to such corporation, with sufficient sureties, to the satisfaction of the president, for the faithful discharge of their duties. History: R.S. 1846, Ch. 53 ;-- CL 1857, 1785 ;-- CL 1871, 3149 ;-- How. 4410 ;-- CL 1897, 8167 ;-- CL 1915, 10686 ;-- CL 1929, 10179 ;-- CL 1948, 450.694
Michigan Legal Code