The commissioner shall give a bond conditioned upon the faithful performance of his duties with respect to the benefit account in an amount not exceeding twenty-five thousand dollars, and approved by the governor and council and with surety or sureties satisfactory to the attorney general. Premiums upon bonds pursuant to this section shall be paid from the employment security administration account.
Mass. Gen. Laws ch. 151A, § 55
Bond of commissioner; premiums paid from administrative account
Known as the Unemployment Insurance Law
The act spans §§ 151–151 (136 sections).
Official source: Massachusetts Legislature. Reproduced from public-domain Massachusetts statutes; confirm against the official source for the current text. Not legal advice.