Education Law § 3709 · Article 75. Trusts For Schools; Gospel and School Lots
Penalties of certain bonds
Text — Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
§ 3709. Penalties of certain bonds. Whenever a school district officer is required to furnish a bond under the provisions of section thirty-seven hundred eight in the penalty of double the amount of moneys apportioned or to be received, and such district officer furnishes the bond of a surety or bonding company authorized by law to transact business in this state and to execute such bond, the penalty thereof may be fixed at the amount of moneys so apportioned or to be received, in lieu of the double penalty prescribed in such section.
Source of truth
- Edition
- Law content up to date as of October 2, 2026, as published by the New York State Senate (Open Legislation)
- Official file
- https://legislation.nysenate.gov/pdf/laws/EDN3709
- Text hash
- sha256 3034fbc81b6227e3c8db9bbfd1201ebc2e9af5909bd7dabd1c75effa899351e6
- Composed by
- gen_ny_statutes.py 2026-11-10: the Senate's Open Legislation law tree (GET /api/3/laws/<ID>?full=true) read in document order; the Senate's PDF of the whole law (GET /pdf/laws/<ID>?full=true), read with PDFium, prints the same words in the same order
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